BASE METALS

KAZ expected to outperform

KAZ Minerals' (LN:KAZ) has been upgraded to ‘outperform’ status after Macquarie analysts visited its Bozshakol and Aktogay copper projects in Kazakhstan last week.

 Visiting analysts were impressed by KAZ's Aktogay project

Visiting analysts were impressed by KAZ's Aktogay project

The bank raised the miner's status from ‘neutral' and also increased the 12-month target price to £8.75 (US$11.60) per share from the previous £8.50. KAZ's share price was at £7.855 on Monday.  The...

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