Polymetal International PLC Receives Average Rating of “Hold” from Analysts (LON:POLY)
Shares of Polymetal International PLC (LON:POLY) have received a consensus recommendation of “Hold” from the fifteen brokerages that are covering the company, AnalystRatingsNetwork.com reports. Seven equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 621.79 ($10.43).
A number of analysts have recently weighed in on POLY shares. Analysts at Canaccord Genuity downgraded shares of Polymetal International PLC to a “hold” rating in a research note on Thursday, July 31st. They now have a GBX 540 ($9.06) price target on the stock, down previously from GBX 670 ($11.24). Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Polymetal International PLC in a research note on Thursday, July 31st. They now have a GBX 505 ($8.47) price target on the stock. Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of Polymetal International PLC in a research note on Monday, July 7th. They now have a GBX 520 ($8.72) price target on the stock.
Shares of Polymetal International PLC (LON:POLY) opened at 529.00 on Monday. Polymetal International PLC has a 52 week low of GBX 470.00 and a 52 week high of GBX 812.00. The stock has a 50-day moving average of GBX 550.8 and a 200-day moving average of GBX 577.4. The company’s market cap is £2.060 billion.
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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