Polymetal International PLC Given New GBX 631 Price Target at Citigroup Inc. (POLY)
Stock analysts at Citigroup Inc. hoisted their target price on shares of Polymetal International PLC (LON:POLY) from GBX 612 ($9.80) to GBX 631 ($10.11) in a report issued on Monday, StockRatingsNetwork.com reports. The firm currently has a “sell” rating on the stock. Citigroup Inc.’s target price indicates a potential downside of 4.10% from the stock’s previous close.
Polymetal International PLC (LON:POLY) traded down 1.64% on Monday, hitting GBX 658.00. The stock had a trading volume of 994,573 shares. Polymetal International PLC has a 52-week low of GBX 439.50 and a 52-week high of GBX 1231.00. The stock’s 50-day moving average is GBX 728.2 and its 200-day moving average is GBX 711.0.
A number of other firms have also recently commented on POLY. Analysts at Canaccord Genuity upgraded shares of Polymetal International PLC (LON:POLY) from a “hold” rating to a “buy” rating in a research note to investors on Monday, September 9th. They now have a GBX 850 ($13.62) price target on the stock. Separately, analysts at Prime Markets reiterated a “sell” rating on shares of Polymetal International PLC (LON:POLY) in a research note to investors on Wednesday, August 28th. They now have a GBX 660 ($10.57) price target on the stock. Finally, analysts at Morgan Stanley reiterated an “overweight” rating on shares of Polymetal International PLC (LON:POLY) in a research note to investors on Wednesday, August 28th. They now have a GBX 750 ($12.01) price target on the stock.
Three research analysts have rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of GBX 794.18 ($12.72).
Polymetal International plc is a holding company. The Company is engaged in gold, silver and copper mining and related activities, including exploration, extraction, processing and reclamation, operating central processing hubs and mines in Russia and Kazakhstan.
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