Polymetal International PLC (POLY) Given New GBX 876 Price Target at Deutsche Bank AG
Polymetal International PLC (LON:POLY) had its target price hoisted by Deutsche Bank AG from GBX 850 ($11.10) to GBX 876 ($11.43) in a research report sent to investors on Wednesday. The brokerage currently has a hold rating on the mining company’s stock.
Several other equities research analysts also recently issued reports on POLY. Berenberg Bank assumed coverage on shares of Polymetal International PLC in a research note on Wednesday, September 7th. They set a buy rating on the stock. Numis Securities Ltd reaffirmed a buy rating on shares of Polymetal International PLC in a research note on Thursday, August 25th. Jefferies Group reaffirmed an underperform rating and set a GBX 825 ($10.77) price target on shares of Polymetal International PLC in a research note on Thursday, August 25th. Credit Suisse Group AG lifted their price target on shares of Polymetal International PLC from GBX 610 ($7.96) to GBX 840 ($10.96) and gave the stock a neutral rating in a research note on Friday, July 1st. Finally, Goldman Sachs Group Inc. reaffirmed a buy rating on shares of Polymetal International PLC in a research note on Monday, June 27th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of GBX 689 ($8.99).
Polymetal International PLC (LON:POLY) traded down 1.66% during trading on Wednesday, reaching GBX 860.50. The company had a trading volume of 951,155 shares. Polymetal International PLC has a 52-week low of GBX 497.20 and a 52-week high of GBX 1,209.00. The company’s market capitalization is GBX 3.67 billion. The stock has a 50 day moving average price of GBX 1,049.42 and a 200-day moving average price of GBX 921.71.
Polymetal International PLC Company Profile
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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