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Kumba Iron Ore Limited (KIOJ.J)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (RCnt)	Price Target (RCnt)	Rating
2022-04-01	68809	-	No Rating
2022-08-01	45988	35000	Sell
2022-10-13	37725	27000	Sell
2022-12-13	50274	33000	Sell
2023-02-23	51712	35000	Sell
2023-04-17	48208	32000	Sell
2023-06-27	45342	31000	Sell
2023-10-16	49189	35000	Sell
2023-11-14	57500	38000	Sell
2024-01-29	56262	41000	Sell
2024-04-29	48122	-	No Rating
2024-05-29	52506	41000	Sell
2024-07-05	46836	39000	Sell
2024-07-18	41720	38000	Sell
2024-07-24	40396	37000	Sell
2024-10-15	35758	34000	Sell
2024-12-09	36175	31000	Sell
2025-03-19	34474	30000	Sell
2025-04-15	31002	26000	Sell
2025-07-03	30088	27000	Sell

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.