Petropavlovsk Lowered to “Hold” at Liberum Capital (POG)
Petropavlovsk (LON:POG) was downgraded by equities research analysts at Liberum Capital from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday, Stock Ratings Network reports. They currently have a GBX 110 ($1.76) price target on the stock. Liberum Capital’s price objective would suggest a potential upside of 45.70% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. raised their price target on shares of Petropavlovsk (LON:POG) from GBX 58 ($0.93) to GBX 64 ($1.03) in a research note to investors on Monday. They now have a “sell” rating on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Petropavlovsk (LON:POG) in a research note to investors on Wednesday, September 18th. They now have a GBX 190 ($3.04) price target on the stock. Finally, analysts at Westhouse Securities reiterated a “buy” rating on shares of Petropavlovsk (LON:POG) in a research note to investors on Wednesday, September 18th. They now have a GBX 130 ($2.08) price target on the stock.
Seven equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company’s stock. Petropavlovsk currently has an average rating of “Hold” and an average target price of GBX 191.37 ($3.07).
Petropavlovsk (LON:POG) traded down 4.97% on Tuesday, hitting GBX 71.75. The stock had a trading volume of 1,824,528 shares. Petropavlovsk has a one year low of GBX 63.00 and a one year high of GBX 441.326. The stock’s 50-day moving average is GBX 96.64 and its 200-day moving average is GBX 137.3. The company’s market cap is £133.9 million.
Petropavlovsk PLC is a gold producer. The Company is engaged in the mining of precious and non-precious metals which require it to hold licenses which permit it to explore and mine in particular areas in Russia.
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