Polymetal International PLC Receives Buy Rating from Canaccord Genuity (POLY)
Polymetal International PLC (LON:POLY)‘s stock had its “buy” rating reiterated by stock analysts at Canaccord Genuity in a report issued on Tuesday, Analyst Ratings Net reports. They currently have a GBX 670 ($11.25) price target on the stock. Canaccord Genuity’s target price points to a potential upside of 9.21% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of Polymetal International PLC in a research note on Tuesday. They now have a GBX 750 ($12.60) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Polymetal International PLC in a research note on Tuesday, April 8th. They now have a GBX 520 ($8.73) price target on the stock, up previously from GBX 500 ($8.40). Finally, analysts at Citigroup Inc. cut their price target on shares of Polymetal International PLC from GBX 452 ($7.59) to GBX 450 ($7.56) in a research note on Thursday, April 3rd. They now have a “sell” rating on the stock. Seven investment analysts have rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of GBX 670.88 ($11.27).
Shares of Polymetal International PLC (LON:POLY) opened at 611.00 on Tuesday. Polymetal International PLC has a 52 week low of GBX 439.50 and a 52 week high of GBX 812.00. The stock has a 50-day moving average of GBX 603.6 and a 200-day moving average of GBX 579.0.
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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