Polymetal International PLC Receives Consensus Recommendation of “Hold” from Analysts (LON:POLY)
Polymetal International PLC (LON:POLY) has received a consensus rating of “Hold” from the fifteen brokerages that are covering the company, American Banking News.com reports. Seven analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 621.79 ($10.43).
Polymetal International PLC (LON:POLY) opened at 552.50 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’s 50-day moving average is GBX 547.9 and its 200-day moving average is GBX 576.3. The company’s market cap is £2.152 billion.
POLY has been the subject of a number of recent research reports. 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.
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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