Brokerages Set Polymetal International PLC (POLY) Price Target at $913.75
Polymetal International PLC (LON:POLY) has been assigned an average rating of “Hold” from the twelve ratings firms that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 913.75 ($11.80).
Several analysts have recently commented on POLY shares. J P Morgan Chase & Co reduced their price target on shares of Polymetal International PLC from GBX 971 ($12.54) to GBX 960 ($12.40) and set an “underweight” rating on the stock in a research report on Monday, June 5th. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 1,200 ($15.50) price target on shares of Polymetal International PLC in a research report on Thursday, June 22nd. Panmure Gordon reaffirmed a “buy” rating and set a GBX 1,166 ($15.06) price target (down previously from GBX 1,193 ($15.41)) on shares of Polymetal International PLC in a research report on Tuesday, August 29th. Finally, Jefferies Group LLC reaffirmed an “underperform” rating and set a GBX 725 ($9.36) price target on shares of Polymetal International PLC in a research report on Thursday, August 31st.
Shares of Polymetal International PLC (LON POLY) traded up 1.47% during midday trading on Tuesday, hitting GBX 828.50. The stock had a trading volume of 1,823,728 shares. The firm’s 50 day moving average price is GBX 909.07 and its 200 day moving average price is GBX 958.29. Polymetal International PLC has a 52-week low of GBX 723.00 and a 52-week high of GBX 1,367.91. The firm’s market cap is GBX 3.56 billion.
The company also recently announced a dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, September 7th will be given a $0.14 dividend. This represents a yield of 1.25%. The ex-dividend date is Thursday, September 7th.
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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