Polymetal International PLC (POLY) Stock Rating Reaffirmed by Numis Securities Ltd
Polymetal International PLC (LON:POLY)‘s stock had its “buy” rating reissued by research analysts at Numis Securities Ltd in a note issued to investors on Monday.
Other equities research analysts also recently issued research reports about the stock. Peel Hunt raised shares of Polymetal International PLC to an “add” rating and set a GBX 350 ($4.37) price objective for the company in a research report on Tuesday, November 15th. Berenberg Bank began coverage on shares of Polymetal International PLC in a research report on Wednesday, September 7th. They issued a “buy” rating for the company. Morgan Stanley began coverage on shares of Polymetal International PLC in a research report on Wednesday, November 9th. They issued an “equal weight” rating and a GBX 900 ($11.24) target price for the company. Deutsche Bank AG restated a “hold” rating and issued a GBX 850 ($10.62) target price on shares of Polymetal International PLC in a research report on Monday, September 5th. Finally, Jefferies Group decreased their target price on shares of Polymetal International PLC from GBX 725 ($9.06) to GBX 700 ($8.75) and set an “underperform” rating for the company in a research report on Tuesday, November 15th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 674.60 ($8.43).
Shares of Polymetal International PLC (LON:POLY) opened at 762.500 on Monday. The stock has a 50 day moving average of GBX 875.85 and a 200 day moving average of GBX 956.72. Polymetal International PLC has a 52-week low of GBX 497.20 and a 52-week high of GBX 1,209.00. The firm’s market capitalization is GBX 3.25 billion.
In other Polymetal International PLC news, insider Marina Groenberg bought 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, October 11th. The stock was acquired at an average cost of GBX 866 ($10.82) per share, with a total value of £21,650 ($27,048.98).
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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