Polymetal International PLC Earns “Outperform” Rating from RBC Capital (POLY)
Polymetal International PLC (LON:POLY)‘s stock had its “outperform” rating reiterated by RBC Capital in a research note issued on Tuesday. They currently have a GBX 750 ($12.45) price objective on the stock. RBC Capital’s price target would indicate a potential upside of 39.28% from the stock’s previous close.
Shares of Polymetal International PLC (LON:POLY) opened at 538.50 on Tuesday. 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 531.6 and a 200-day moving average of GBX 570.6. The company’s market cap is £2.097 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank raised their price target on shares of Polymetal International PLC from GBX 505 ($8.38) to GBX 555 ($9.21) in a research note on Thursday, August 28th. They now have a “hold” rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Polymetal International PLC from GBX 540 ($8.96) to GBX 565 ($9.38) in a research note on Tuesday, August 26th. They now have a “hold” rating on the stock. Finally, 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 ($8.96) price target on the stock, down previously from GBX 670 ($11.12). Six research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 610 ($10.12).
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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