Petropavlovsk Rating Reiterated by Numis Securities Ltd (POG)
Petropavlovsk (LON:POG)‘s stock had its “reduce” rating restated by stock analysts at Numis Securities Ltd in a report issued on Monday, Analyst RN reports. They currently have a GBX 60 ($0.99) target price on the stock. Numis Securities Ltd’s price target suggests a potential downside of 11.44% from the company’s current price.
Shares of Petropavlovsk (LON:POG) opened at 70.60 on Monday. Petropavlovsk has a 52 week low of GBX 54.00 and a 52 week high of GBX 396.747. The stock’s 50-day moving average is GBX 66.05 and its 200-day moving average is GBX 81.21. The company’s market cap is £131.8 million.
A number of other analysts have also recently weighed in on POG. Analysts at Westhouse Securities reiterated a “buy” rating on shares of Petropavlovsk in a research note to investors on Wednesday, January 8th. They now have a GBX 120 ($1.98) price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of Petropavlovsk from GBX 55 ($0.91) to GBX 70 ($1.15) in a research note to investors on Thursday, December 19th. They now have an “underperform” rating on the stock. Finally, analysts at Canaccord Genuity cut their price target on shares of Petropavlovsk from GBX 190 ($3.13) to GBX 90 ($1.48) in a research note to investors on Wednesday, December 18th. They now have a “buy” rating on the stock. Nine research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. Petropavlovsk has an average rating of “Hold” and an average price target of GBX 90.19 ($1.49).
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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