KAZ MINL PLC/ADR (KZMYY) Lifted to Buy at UBS Group

UBS Group upgraded shares of KAZ MINL PLC/ADR (OTCMKTS:KZMYY) from a neutral rating to a buy rating in a research report released on Friday, The Fly reports.

KZMYY has been the subject of a number of other reports. Zacks Investment Research upgraded shares of KAZ MINL PLC/ADR from a sell rating to a hold rating in a research report on Saturday, January 26th. ValuEngine upgraded shares of KAZ MINL PLC/ADR from a sell rating to a hold rating in a research report on Tuesday, January 15th. Finally, Goldman Sachs Group upgraded shares of KAZ MINL PLC/ADR from a neutral rating to a buy rating in a research report on Thursday. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of $5.25.

KZMYY stock opened at $4.94 on Friday. KAZ MINL PLC/ADR has a 12 month low of $2.72 and a 12 month high of $7.59. The company has a market capitalization of $4.25 billion, a PE ratio of 9.15 and a beta of 2.23.

The company also recently disclosed a Semi-Annual dividend, which will be paid on Monday, June 3rd. Stockholders of record on Tuesday, April 23rd will be given a $0.026 dividend. The ex-dividend date of this dividend is Monday, April 22nd. KAZ MINL PLC/ADR’s dividend payout ratio (DPR) is currently 5.56%.

KAZ MINL PLC/ADR Company Profile

KAZ Minerals PLC, together with its subsidiaries, engages in mining and processing copper and other metals primarily in Kazakhstan and Kyrgyzstan. It operates through Bozshakol, Aktogay, and East Region and Bozymchak segments. The company operates the Bozshakol open pit mine in the Pavlodar region of Kazakhstan; Aktogay open pit mine located in the east of Kazakhstan; three underground mines and concentrators located in the eastern region of Kazakhstan; and the Bozymchak copper-gold open pit mine located in western Kyrgyzstan.

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