Petropavlovsk PLC Given Average Rating of “Hold” by Analysts (LON:POG)
Shares of Petropavlovsk PLC (LON:POG) have been given an average recommendation of “Hold” by the fourteen analysts that are covering the company, AmericanBankingNews.com reports. Eight investment analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is GBX 62.31 ($1.04).
Petropavlovsk PLC (LON:POG) opened at 34.00 on Friday. 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 35.56 and a 200-day moving average of GBX 63.80. The company’s market cap is £66.8 million.
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 Wednesday. They now have a GBX 60 ($1.00) price target on the stock. Finally, 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 ($1.42) price target on the stock, down previously from GBX 100 ($1.67).
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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