Petropavlovsk PLC’s “Sell” Rating Reaffirmed at Numis Securities Ltd (POG)
Petropavlovsk PLC (LON:POG)‘s stock had its “sell” rating reissued by equities research analysts at Numis Securities Ltd in a research note issued to investors on Friday. They currently have a GBX 60 ($1.00) target price on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 50.94% from the stock’s previous close.
Petropavlovsk PLC (LON:POG) opened at 38.50 on Friday. Petropavlovsk PLC has a 52 week low of GBX 31.08 and a 52 week high of GBX 102.00. The stock’s 50-day moving average is GBX 35.62 and its 200-day moving average is GBX 61.01. The company’s market cap is £75.6 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Petropavlovsk PLC in a research note on Thursday, August 28th. Separately, analysts at Canaccord Genuity reiterated a “speculative buy” rating on shares of Petropavlovsk PLC in a research note on Thursday, August 28th. They now have a GBX 85 ($1.41) price target on the stock. Finally, analysts at RBC Capital reiterated an “underperform” rating on shares of Petropavlovsk PLC in a research note on Thursday, August 28th. They now have a GBX 35 ($0.58) price target on the stock. Seven research analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. Petropavlovsk PLC presently has an average rating of “Hold” and a consensus price target of GBX 58.64 ($0.97).
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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