Petropavlovsk PLC Rating Reiterated by Numis Securities Ltd (POG)
Petropavlovsk PLC (LON:POG)‘s stock had its “sell” rating restated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Tuesday. They currently have a GBX 60 ($1.01) price objective on the stock. Numis Securities Ltd’s price objective suggests a potential upside of 77.78% from the stock’s previous close.
A number of other analysts have also recently weighed in on POG. Analysts at Canaccord Genuity downgraded shares of Petropavlovsk PLC to a “speculative buy” rating in a research note on Thursday, July 31st. They now have a GBX 85 ($1.43) price target on the stock, down previously from GBX 100 ($1.68). Separately, analysts at HSBC reiterated an “underweight” rating on shares of Petropavlovsk PLC in a research note on Friday, July 25th. They now have a GBX 30 ($0.50) price target on the stock. Finally, analysts at Citigroup Inc. upgraded shares of Petropavlovsk PLC to a “neutral” rating in a research note on Thursday, July 24th. They now have a GBX 42 ($0.70) price target on the stock, down previously from GBX 67 ($1.12). Eight research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. Petropavlovsk PLC currently has a consensus rating of “Hold” and a consensus price target of GBX 62.31 ($1.05).
Petropavlovsk PLC (LON:POG) traded up 2.96% during mid-day trading on Tuesday, hitting GBX 34.75. 1,271,545 shares of the company’s stock traded hands. Petropavlovsk PLC has a 1-year low of GBX 31.08 and a 1-year high of GBX 134.75. The stock has a 50-day moving average of GBX 38.08 and a 200-day moving average of GBX 65.55. The company’s market cap is £68.3 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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