Polymetal International PLC Given “Outperform” Rating at Credit Suisse (POLY)
Polymetal International PLC (LON:POLY)‘s stock had its “outperform” rating reiterated by equities research analysts at Credit Suisse in a research note issued to investors on Friday. They currently have a GBX 520 ($8.75) price target on the stock. Credit Suisse’s price target would indicate a potential upside of 1.86% from the stock’s previous close.
Shares of Polymetal International PLC (LON:POLY) opened at 502.00 on Friday. Polymetal International PLC has a 52-week low of GBX 439.50 and a 52-week high of GBX 812.00. The stock’s 50-day moving average is GBX 587.0 and its 200-day moving average is GBX 574.8.
A number of other firms have also recently commented on POLY. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Polymetal International PLC in a research note on Thursday. They now have a GBX 670 ($11.27) price target on the stock. Separately, analysts at Barclays reiterated an “underweight” rating on shares of Polymetal International PLC in a research note on Monday. They now have a GBX 540 ($9.08) price target on the stock. Finally, 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. Seven analysts have rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of GBX 626.81 ($10.54).
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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