Kaz Minerals (LON:KAZ) Lost It’s Goldman Sachs “” Rating; Rr Advisors Has Trimmed Enlink Midstream Partners LP (ENLK) Stake

April 16, 2018 - By Darrin Black

KAZ Minerals PLC (LON:KAZ) Logo

Rr Advisors Llc decreased Enlink Midstream Partners Lp (ENLK) stake by 12.76% reported in 2017Q4 SEC filing. Rr Advisors Llc sold 347,000 shares as Enlink Midstream Partners Lp (ENLK)’s stock declined 17.94%. The Rr Advisors Llc holds 2.37M shares with $36.47M value, down from 2.72 million last quarter. Enlink Midstream Partners Lp now has $5.11B valuation. The stock increased 5.71% or $0.78 during the last trading session, reaching $14.53. About 802,021 shares traded. EnLink Midstream Partners, LP (NYSE:ENLK) has declined 24.93% since April 16, 2017 and is downtrending. It has underperformed by 36.48% the S&P500.

Goldman Sachs downgraded shares of Kaz Minerals (LON:KAZ) to a “Neutral” rating in a a research note issued to clients and investors on Sunday, 15 April. The firm currently has a GBX 1000.00 PT on the stock. Goldman Sachs’s PT would indicate a potential upside of 14.00% from the stock’s last stock close.

KAZ Minerals PLC, together with its subsidiaries, engages in mining, processing, and sale of copper concentrates primarily in Kazakhstan and Kyrgyzstan. The company has market cap of 3.92 billion GBP. It operates through East Region, Bozymchak, Bozshakol, and Aktogay divisions. It has a 8.76 P/E ratio. The firm operates four underground mines and three concentrators located in the eastern region of Kazakhstan; Bozymchak copper-gold open pit mine located in Kyrgyzstan; the Bozshakol open pit mine in the Pavlodar region of Kazakhstan; and Aktogay open pit located in eastern Kazakhstan.

Among 22 analysts covering Kaz Minerals PLC (LON:KAZ), 11 have Buy rating, 7 Sell and 4 Hold. Therefore 50% are positive. Kaz Minerals PLC has GBX 1050 highest and GBX 50 lowest target. GBX 647.86’s average target is -26.14% below currents GBX 877.2 stock price. Kaz Minerals PLC had 269 analyst reports since July 23, 2015 according to SRatingsIntel. HSBC maintained the stock with “Reduce” rating in Friday, July 14 report. On Friday, May 6 the stock rating was maintained by Deutsche Bank with “Hold”. The firm has “Equal Weight” rating by Barclays Capital given on Friday, April 21. The rating was maintained by Canaccord Genuity with “Buy” on Friday, May 12. Jefferies maintained it with “Hold” rating and GBX 240 target in Friday, October 14 report. The company was maintained on Thursday, August 17 by Canaccord Genuity. BNP Paribas maintained the stock with “Underperform” rating in Friday, October 9 report. The firm earned “Buy” rating on Monday, September 14 by Deutsche Bank. Goldman Sachs maintained the stock with “Sell” rating in Thursday, July 23 report. BNP Paribas maintained KAZ Minerals PLC (LON:KAZ) on Tuesday, October 27 with “Underperform” rating.

The stock decreased 2.42% or GBX 21.8 during the last trading session, reaching GBX 877.2. About 959,332 shares traded. KAZ Minerals PLC (LON:KAZ) has 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Rr Advisors Llc increased Tallgrass Energy Gp Lp stake by 54,000 shares to 765,000 valued at $19.69M in 2017Q4. It also upped Fairmount Santrol Hldgs Inc stake by 250,000 shares and now owns 1.10M shares. Noble Midstream Partners Lp was raised too.

EnLink Midstream Partners, LP (NYSE:ENLK) Ratings Chart

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