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.

ILLEGAL ACTIVITY WARNING: This story was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The original version of this story can be viewed at https://www.thecerbatgem.com/2017/07/06/polymetal-international-plc-poly-price-target-lowered-to-gbx-960-at-jpmorgan-chase-co-updated-updated-updated.html.

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).

Analyst Recommendations for Polymetal International PLC (LON:POLY)

Receive News & Stock Ratings for Polymetal International PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polymetal International PLC and related stocks with our FREE daily email newsletter.