Citigroup Inc. Reiterates “Sell” Rating for Petropavlovsk PLC (POG)
Petropavlovsk PLC (LON:POG)‘s stock had its “sell” rating reaffirmed by stock analysts at Citigroup Inc. in a report issued on Monday. They currently have a GBX 67 ($1.15) price target on the stock. Citigroup Inc.’s target price would indicate a potential upside of 57.65% from the company’s current price.
Petropavlovsk PLC (LON:POG) traded up 27.82% on Monday, hitting GBX 42.50. The stock had a trading volume of 18,762,040 shares. Petropavlovsk PLC has a 52-week low of GBX 31.08 and a 52-week high of GBX 134.75. The stock has a 50-day moving average of GBX 54.66 and a 200-day moving average of GBX 72.25. The company’s market cap is £83.5 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Petropavlovsk PLC in a research note on Thursday. They now have a GBX 75 ($1.29) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “sell” rating on shares of Petropavlovsk PLC in a research note on Wednesday, July 2nd. They now have a GBX 60 ($1.03) price target on the stock. Finally, analysts at RBC Capital reiterated an “underperform” rating on shares of Petropavlovsk PLC in a research note on Monday, June 30th. They now have a GBX 60 ($1.03) price target on the stock. Ten analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Sell” and a consensus price target of GBX 73.36 ($1.26).
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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