Petropavlovsk PLC Given Average Recommendation of “Hold” by Brokerages (LON:POG)
Shares of Petropavlovsk PLC (LON:POG) have been given an average recommendation of “Hold” by the fourteen analysts that are currently covering the stock, AnalystRatings.Net reports. Nine analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 71.23 ($1.22).
POG has been the subject of a number of recent research reports. Analysts at Numis Securities Ltd reiterated a “sell” rating on shares of Petropavlovsk PLC in a research note on Thursday. They now have a GBX 60 ($1.03) price target on the stock. Separately, analysts at RBC Capital cut their price target on shares of Petropavlovsk PLC from GBX 60 ($1.03) to GBX 35 ($0.60) in a research note on Wednesday, July 9th. They now have an “underperform” rating on the stock. Finally, analysts at Citigroup Inc. reiterated a “sell” rating on shares of Petropavlovsk PLC in a research note on Monday, July 7th. They now have a GBX 67 ($1.15) price target on the stock.
Petropavlovsk PLC (LON:POG) traded down 6.37% on Monday, hitting GBX 36.75. 4,210,927 shares of the company’s stock traded hands. Petropavlovsk PLC has a 52 week low of GBX 31.08 and a 52 week high of GBX 134.75. The stock’s 50-day moving average is GBX 52.34 and its 200-day moving average is GBX 71.37. The company’s market cap is £72.2 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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