Barclays Reiterates “Underweight” Rating for Polymetal International PLC (POLY)
Polymetal International PLC (LON:POLY)‘s stock had its “underweight” rating reaffirmed by Barclays in a research note issued on Wednesday, AmericanBankingNews.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at HSBC cut their price target on shares of Polymetal International PLC from GBX 900 ($14.77) to GBX 720 ($11.82) in a research note to investors on Wednesday. They now have an “overweight” rating on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Polymetal International PLC in a research note to investors on Tuesday. They now have a GBX 650 ($10.67) price target on the stock. Finally, analysts at UBS AG upgraded shares of Polymetal International PLC to a “buy” rating in a research note to investors on Thursday, January 16th. They now have a GBX 610 ($10.01) price target on the stock, up previously from GBX 590 ($9.68). Three research analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of GBX 651.27 ($10.69).
Polymetal International PLC (LON:POLY) opened at 567.00 on Wednesday. Polymetal International PLC has a 52-week low of GBX 439.50 and a 52-week high of GBX 1137.00. The stock has a 50-day moving average of GBX 531.7 and a 200-day moving average of GBX 606.9.
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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