Shares of Kumba Iron Ore Ltd (NASDAQ:KIROY) have received an average broker rating score of 5.00 (Strong Sell) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell rating.
Zacks has also assigned Kumba Iron Ore an industry rank of 114 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research upgraded shares of Kumba Iron Ore from a “hold” rating to a “buy” rating and set a $3.25 target price for the company in a research note on Thursday, September 15th.
Shares of Kumba Iron Ore (NASDAQ:KIROY) opened at 2.90 on Friday. The stock has a market capitalization of $2.78 billion and a PE ratio of 42.48. Kumba Iron Ore has a 52 week low of $0.50 and a 52 week high of $3.67. The stock has a 50 day moving average of $2.92 and a 200-day moving average of $2.60.
Kumba Iron Ore Company Profile
Kumba Iron Ore Limited (Kumba) is a supplier of iron ore to the global steel industry. The Company is engaged in the exploration, beneficiation, marketing, sale and shipping of iron ore. The Company’s segments include Sishen mine, Kolomela mine, Thabazimbi mine, Logistics, Shipping operations and Other.
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