Barclays Reiterates Underweight Rating for Polymetal International PLC (POLY)
Polymetal International PLC (LON:POLY)‘s stock had its “underweight” rating restated by Barclays in a research note issued on Monday. They currently have a GBX 540 ($9.08) price target on the stock. Barclays’ price objective points to a potential downside of 3.57% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital raised their price target on shares of Polymetal International PLC from GBX 750 ($12.62) to GBX 800 ($13.46) in a research note on Monday, May 12th. They now have an “outperform” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Polymetal International PLC in a research note on Monday, April 28th. They now have a GBX 530 ($8.92) price target on the stock. Finally, analysts at HSBC reiterated an “overweight” rating on shares of Polymetal International PLC in a research note on Thursday, April 24th. They now have a GBX 760 ($12.78) price target on the stock. Seven analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 665.56 ($11.20).
Polymetal International PLC (LON:POLY) traded down 0.71% on Monday, hitting GBX 556.00. 272,859 shares of the company’s stock traded hands. 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 593.8 and a 200-day moving average of GBX 575.8.
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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