Petropavlovsk PLC’s “Sell” Rating Reaffirmed at Numis Securities Ltd (POG)
Petropavlovsk PLC (LON:POG)‘s stock had its “sell” rating restated by equities researchers at Numis Securities Ltd in a research report issued on Wednesday. They currently have a GBX 60 ($1.02) price objective on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 31.87% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated an “underperform” rating on shares of Petropavlovsk PLC in a research note on Monday. They now have a GBX 60 ($1.02) price target on the stock. Separately, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Petropavlovsk PLC in a research note on Tuesday, May 6th. They now have a GBX 75 ($1.28) price target on the stock. Finally, analysts at Citigroup Inc. cut their price target on shares of Petropavlovsk PLC from GBX 68 ($1.16) to GBX 67 ($1.14) in a research note on Thursday, May 1st. They now have a “sell” rating on the stock. Ten analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Sell” and an average target price of GBX 73.36 ($1.25).
Shares of Petropavlovsk PLC (LON:POG) traded down 14.29% on Wednesday, hitting GBX 39.00. The stock had a trading volume of 7,442,565 shares. Petropavlovsk PLC has a 52 week low of GBX 41.50 and a 52 week high of GBX 134.75. The stock has a 50-day moving average of GBX 57.72 and a 200-day moving average of GBX 73.15. The company’s market cap is £76.6 million.
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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