Polymetal International PLC (POLY) Price Target Increased to GBX 928 by Analysts at J P Morgan Chase & Co
Polymetal International PLC (LON:POLY) had its price objective lifted by J P Morgan Chase & Co from GBX 921 ($11.91) to GBX 928 ($12.00) in a report released on Friday morning. They currently have an underweight rating on the mining company’s stock.
Several other analysts also recently weighed in on POLY. Jefferies Group LLC reiterated an underperform rating and set a GBX 725 ($9.38) target price on shares of Polymetal International PLC in a research report on Thursday. Numis Securities Ltd downgraded Polymetal International PLC to an add rating and set a GBX 1,100 ($14.23) target price for the company. in a research report on Wednesday. Panmure Gordon reiterated a buy rating and set a GBX 1,166 ($15.08) target price (down from GBX 1,193 ($15.43)) on shares of Polymetal International PLC in a research report on Tuesday. Finally, Berenberg Bank lowered Polymetal International PLC to a hold rating and raised their price target for the company from GBX 960 ($12.42) to GBX 1,090 ($14.10) in a research note on Friday, May 19th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company’s stock. Polymetal International PLC has an average rating of Hold and a consensus price target of GBX 913.75 ($11.82).
Shares of Polymetal International PLC (LON:POLY) traded down 2.09% on Friday, reaching GBX 866.00. 1,915,625 shares of the company’s stock were exchanged. Polymetal International PLC has a one year low of GBX 723.00 and a one year high of GBX 1,367.91. The stock’s market cap is GBX 3.71 billion. The company’s 50 day moving average is GBX 917.54 and its 200-day moving average is GBX 966.29.
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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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