Polymetal International PLC (POLY) Price Target Lowered to GBX 960 at J P Morgan Chase & Co
Polymetal International PLC (LON:POLY) had its target price decreased by J P Morgan Chase & Co from GBX 971 ($12.58) to GBX 960 ($12.44) in a research note issued to investors on Monday, June 5th. J P Morgan Chase & Co currently has an underweight rating on the mining company’s stock.
Several other equities analysts also recently weighed in on POLY. Panmure Gordon began coverage on Polymetal International PLC in a research report on Wednesday, March 15th. They set a buy rating and a GBX 1,192 ($15.44) target price on the stock. Berenberg Bank reaffirmed a buy rating and issued a GBX 960 ($12.44) price objective on shares of Polymetal International PLC in a research report on Thursday, February 9th. Goldman Sachs Group, Inc. (The) reiterated a buy rating and issued a GBX 1,100 ($14.25) target price on shares of Polymetal International PLC in a report on Thursday, March 16th. Citigroup Inc. decreased their price target on Polymetal International PLC from GBX 1,014 ($13.13) to GBX 1,000 ($12.95) and set a neutral rating for the company in a research note on Friday, March 17th. Finally, Royal Bank Of Canada increased their price objective on Polymetal International PLC from GBX 810 ($10.49) to GBX 840 ($10.88) and gave the company a sector performer rating in a report on Thursday, March 16th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. The company has an average rating of Hold and an average target price of GBX 939.64 ($12.17).
Polymetal International PLC (POLY) opened at 872.50 on Monday. The company’s market capitalization is GBX 3.75 billion. Polymetal International PLC has a 12-month low of GBX 723.00 and a 12-month high of GBX 1,367.91. The firm has a 50-day moving average of GBX 980.66 and a 200 day moving average of GBX 957.48.
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About Polymetal International PLC
Polymetal International plc is a gold and silver mining company operating in Russia, Kazakhstan and Armenia. The Company operates through nine segments: Voro (CJSC Gold of Northern Urals); Okhotsk operations (LLC Okhotskaya Mining and Exploration Company and Svetloye LLC); Dukat (JSC Magadan Silver); Omolon (Omolon Gold Mining Company LLC); Varvara (JSC Varvarinskoye; JSC Komarovskoye Mining Company); Amursk/Albazino (Albazino Resources Ltd, Amur Hydrometallurgical Plant LLC); Mayskoye (Mayskoye Gold Mining Company LLC); Kyzyl (Bakyrchik Mining Venture LLP and Inter Gold Capital LLP), and Armenia (Kapan MPC CJSC and LV Gold Mining CJSC).
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