Polymetal International PLC Price Target Raised to GBX 555 (POLY)
Investment analysts at Deutsche Bank lifted their price target on shares of Polymetal International PLC (LON:POLY) from GBX 505 ($8.36) to GBX 555 ($9.18) in a note issued to investors on Thursday. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price target would indicate a potential upside of 2.78% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity raised their price target on shares of Polymetal International PLC from GBX 540 ($8.94) to GBX 565 ($9.35) in a research note on Tuesday. They now have a “hold” rating 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 ($8.60) price target on the stock. Seven investment analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. Polymetal International PLC has an average rating of “Hold” and a consensus target price of GBX 627.14 ($10.38).
Polymetal International PLC (LON:POLY) traded down 1.48% during mid-day trading on Thursday, hitting GBX 532.50. 288,132 shares of the company’s stock traded hands. Polymetal International PLC has a 52-week low of GBX 470.00 and a 52-week high of GBX 784.00. The stock has a 50-day moving average of GBX 534.6 and a 200-day moving average of GBX 572.2. The company’s market cap is £2.074 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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