Westhouse Securities Reaffirms “Neutral” Rating for Petropavlovsk PLC (POG)
A number of other firms have also recently commented on POG. Analysts at Canaccord Genuity reiterated a “speculative buy” rating on shares of Petropavlovsk PLC in a research note on Thursday. They now have a GBX 85 ($1.41) price target on the stock. Separately, analysts at RBC Capital reiterated an “underperform” rating on shares of Petropavlovsk PLC in a research note on Thursday. They now have a GBX 35 ($0.58) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “sell” rating on shares of Petropavlovsk PLC in a research note on Wednesday, August 20th. They now have a GBX 60 ($0.99) price target on the stock. Eight investment analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 61.25 ($1.01).
Shares of Petropavlovsk PLC (LON:POG) traded down 3.40% on Thursday, hitting GBX 35.50. 746,577 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’s 50-day moving average is GBX 35.31 and its 200-day moving average is GBX 62.71. The company’s market cap is £69.7 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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