Polymetal International PLC (LON:POLY) Receives GBX 766.83 Consensus Price Target from Brokerages
Shares of Polymetal International PLC (LON:POLY) have been assigned a consensus recommendation of “Hold” from the nine brokerages that are covering the company. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 766.83 ($10.01).
Several equities research analysts recently commented on the stock. Goldman Sachs Group Inc. restated a “buy” rating and issued a GBX 870 ($11.36) price target on shares of Polymetal International PLC in a research report on Thursday, June 16th. Numis Securities Ltd upgraded shares of Polymetal International PLC to a “buy” rating in a research report on Tuesday, July 19th. Berenberg Bank assumed coverage on shares of Polymetal International PLC in a research report on Wednesday, September 7th. They issued a “buy” rating for the company. Deutsche Bank AG restated a “hold” rating and issued a GBX 610 ($7.96) price target on shares of Polymetal International PLC in a research report on Monday, June 20th. Finally, Credit Suisse Group AG upped their price target on shares of Polymetal International PLC from GBX 610 ($7.96) to GBX 840 ($10.96) and gave the company a “neutral” rating in a research report on Friday, July 1st.
Shares of Polymetal International PLC (LON:POLY) opened at 855.50 on Wednesday. The stock’s 50 day moving average is GBX 1,031.69 and its 200 day moving average is GBX 920.77. Polymetal International PLC has a 52 week low of GBX 497.20 and a 52 week high of GBX 1,209.00. The stock’s market capitalization is GBX 3.65 billion.
About Polymetal International PLC
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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