Polymetal International PLC Price Target Raised to GBX 565 at Canaccord Genuity (POLY)
Analysts at Canaccord Genuity lifted their price objective on shares of Polymetal International PLC (LON:POLY) from GBX 540 ($8.94) to GBX 565 ($9.35) in a research report issued to clients and investors on Tuesday. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s price target points to a potential upside of 9.39% from the company’s current price.
Polymetal International PLC (LON:POLY) opened at 507.50 on Tuesday. Polymetal International PLC has a 1-year low of GBX 470.00 and a 1-year high of GBX 792.50. The stock’s 50-day moving average is GBX 537. and its 200-day moving average is GBX 573.3. The company’s market cap is £1.977 billion.
Other equities research analysts have also recently issued reports about the stock. 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 ($8.36) price target on the stock. Separately, 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 ($8.60) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “sell” rating on shares of Polymetal International PLC in a research note on Monday, July 7th. They now have a GBX 450 ($7.45) price target on the stock. Seven research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. Polymetal International PLC has a consensus rating of “Hold” and a consensus price target of GBX 623.57 ($10.32).
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.
Receive News & Ratings for Polymetal International PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polymetal International PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.