Polymetal International PLC (POLY) Rating Reiterated by Jefferies Group LLC

Polymetal on track for full year as gold sales grow

Polymetal International PLC (LON:POLY)‘s stock had its “underperform” rating restated by Jefferies Group LLC in a research note issued to investors on Wednesday, May 17th.

Other equities analysts also recently issued research reports about the stock. Panmure Gordon upped their price objective on shares of Polymetal International PLC from GBX 1,192 ($15.40) to GBX 1,195 ($15.44) and gave the stock a “buy” rating in a research report on Monday, May 15th. Berenberg Bank reiterated a “buy” rating and issued a GBX 960 ($12.40) price target on shares of Polymetal International PLC in a report on Tuesday, April 25th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a GBX 1,200 ($15.51) price target on shares of Polymetal International PLC in a report on Monday, April 24th. Citigroup Inc. cut their price target on shares of Polymetal International PLC from GBX 1,014 ($13.10) to GBX 1,000 ($12.92) and set a “neutral” rating for the company in a report on Friday, March 17th. Finally, Royal Bank Of Canada increased their price target on shares of Polymetal International PLC from GBX 810 ($10.47) to GBX 840 ($10.85) and gave the company a “sector performer” rating in a report on Thursday, March 16th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 858.83 ($11.10).

Polymetal International PLC (LON POLY) traded down 0.102% during mid-day trading on Wednesday, reaching GBX 988.909. The company’s stock had a trading volume of 1,067,496 shares. The company’s market cap is GBX 4.25 billion. Polymetal International PLC has a 12 month low of GBX 723.00 and a 12 month high of GBX 1,367.91. The stock’s 50 day moving average is GBX 1,016.35 and its 200 day moving average is GBX 940.56.

The company also recently declared a dividend, which was paid on Friday, May 26th. Shareholders of record on Thursday, May 4th were paid a dividend of €0.18 ($0.20) per share. This is a boost from Polymetal International PLC’s previous dividend of $0.15. This represents a dividend yield of 1.54%. The ex-dividend date of this dividend was Thursday, May 4th.

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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