Polymetal International PLC (POLY) Given New GBX 876 Price Target at Deutsche Bank AG
Polymetal International PLC (LON:POLY) had its price target boosted by Deutsche Bank AG from GBX 850 ($11.10) to GBX 876 ($11.43) in a report published on Wednesday. They currently have a hold rating on the mining company’s stock.
Other research analysts have also recently issued reports about the company. Numis Securities Ltd started coverage on Polymetal International PLC in a report on Tuesday, July 12th. They set an add rating on the stock. Berenberg Bank lowered their target price on Polymetal International PLC from GBX 395 ($5.16) to GBX 360 ($4.70) and set a buy rating on the stock in a report on Wednesday, August 17th. Goldman Sachs Group Inc. restated a buy rating on shares of Polymetal International PLC in a report on Monday, June 27th. Jefferies Group lowered their target price on Polymetal International PLC from GBX 350 ($4.57) to GBX 240 ($3.13) and set a hold rating on the stock in a report on Wednesday, June 29th. Finally, Credit Suisse Group AG boosted their target price on Polymetal International PLC from GBX 610 ($7.96) to GBX 840 ($10.96) and gave the stock a neutral rating in a report on Friday, July 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of GBX 689 ($8.99).
Polymetal International PLC (LON:POLY) traded down 1.66% during midday trading on Wednesday, hitting GBX 860.50. The company had a trading volume of 951,155 shares. Polymetal International PLC has a 52 week low of GBX 497.20 and a 52 week high of GBX 1,209.00. The stock has a 50 day moving average price of GBX 1,049.42 and a 200 day moving average price of GBX 921.71. The company’s market capitalization is GBX 3.67 billion.
About Polymetal International PLC
Polymetal International plc is a precious metals mining company. The Company has a portfolio of over seven operating gold and silver mines and a pipeline of projects in Russia, Kazakhstan and Armenia in Russia and Kazakhstan. It operates through eight segments: Voro (CJSC Gold of Northern Urals), Okhotsk operations (LLC Okhotskaya Mining and Exploration Company, Svetloye LLC), Dukat (CJSC Magadan Silver), Omolon (Omolon Gold Mining Company LLC), Varvara (JSC Varvarinskoye), Amursk-Albazino (Albazino Resources Ltd, Amur Hydrometallurgical Plant LLC), Mayskoye (Mayskoye Gold Mining Company LLC) and Kyzyl (Bakyrchik Mining Venture LLP, JSC Inter Gold Capital).
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