Polymetal International PLC (POLY) Given Consensus Rating of “Hold” by Analysts
Shares of Polymetal International PLC (LON:POLY) have earned a consensus recommendation of “Hold” from the ten analysts that are presently covering the stock. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is GBX 762 ($9.52).
Several equities research analysts have recently issued reports on the stock. Peel Hunt upgraded shares of Polymetal International PLC to an “add” rating and set a GBX 350 ($4.37) price target for the company in a research note on Tuesday, November 15th. Berenberg Bank decreased their price target on shares of Polymetal International PLC to GBX 960 ($12.00) and set a “buy” rating for the company in a research note on Tuesday, November 29th. Morgan Stanley assumed coverage on shares of Polymetal International PLC in a research note on Wednesday, November 9th. They set an “equal weight” rating and a GBX 900 ($11.25) price target for the company. Numis Securities Ltd restated a “buy” rating on shares of Polymetal International PLC in a research note on Tuesday, November 15th. Finally, Jefferies Group LLC restated an “underperform” rating and set a GBX 650 ($8.12) price target on shares of Polymetal International PLC in a research note on Monday, February 6th.
In related news, insider Marina Groenberg purchased 2,500 shares of the firm’s stock in a transaction dated Wednesday, November 30th. The stock was bought at an average price of GBX 765 ($9.56) per share, for a total transaction of £19,125 ($23,900.27).
Shares of Polymetal International PLC (LON:POLY) opened at 983.50 on Wednesday. Polymetal International PLC has a 52 week low of GBX 617.50 and a 52 week high of GBX 1,209.00. The company has a 50 day moving average price of GBX 926.00 and a 200 day moving average price of GBX 932.07. The company’s market capitalization is GBX 4.19 billion.
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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).