Polymetal International PLC Receives “Hold” Rating from Deutsche Bank (POLY)
Polymetal International PLC (LON:POLY)‘s stock had its “hold” rating reiterated by analysts at Deutsche Bank in a research report issued to clients and investors on Thursday, StockRatingsNetwork reports. They currently have a GBX 730 ($11.69) target price on the stock, down from their previous target price of GBX 800 ($12.81). Deutsche Bank’s price target points to a potential upside of 6.85% from the company’s current price.
Shares of Polymetal International PLC (LON:POLY) traded up 3.20% on Thursday, hitting GBX 683.174. The stock had a trading volume of 2,089,417 shares. Polymetal International PLC has a 52-week low of GBX 439.50 and a 52-week high of GBX 1231.00. The stock has a 50-day moving average of GBX 728.2 and a 200-day moving average of GBX 711.0.
Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. raised their price target on shares of Polymetal International PLC (LON:POLY) from GBX 612 ($9.80) to GBX 631 ($10.11) in a research note to investors on Monday. They now have a “sell” rating on the stock. Separately, 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. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 789.60 ($12.65).
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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