Polymetal International (POLY) Stock Rating Reaffirmed by JPMorgan Chase & Co.

Polymetal International (LON:POLY)‘s stock had its “neutral” rating reiterated by JPMorgan Chase & Co. in a report issued on Thursday. They presently have a GBX 900 ($12.21) price target on the mining company’s stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 5.46% from the stock’s previous close.

Other equities analysts have also issued research reports about the stock. Numis Securities lowered shares of Polymetal International to an “add” rating and dropped their target price for the stock from GBX 1,100 ($14.92) to GBX 1,000 ($13.56) in a research report on Friday, December 15th. Panmure Gordon restated a “buy” rating and set a GBX 1,166 ($15.81) target price on shares of Polymetal International in a research report on Monday, November 13th. Finally, Jefferies Group restated an “underperform” rating and set a GBX 725 ($9.83) target price on shares of Polymetal International in a research report on Thursday, October 19th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. Polymetal International currently has a consensus rating of “Hold” and an average target price of GBX 977.63 ($13.26).

Shares of Polymetal International (LON:POLY) traded up GBX 1.20 ($0.02) during trading hours on Thursday, hitting GBX 853.40 ($11.57). 865,416 shares of the company were exchanged, compared to its average volume of 593,662. Polymetal International has a 12-month low of GBX 791.50 ($10.73) and a 12-month high of GBX 1,367.91 ($18.55). The company has a market capitalization of $3,700.00 and a price-to-earnings ratio of 1,471.38.

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About Polymetal International

Polymetal International plc is a gold and silver mining company operating in Russia, Kazakhstan and Armenia. The Company operates through nine segments: Voro (CJSC Gold of Northern Urals); Okhotsk operations (LLC Okhotskaya Mining and Exploration Company and Svetloye LLC); Dukat (JSC Magadan Silver); Omolon (Omolon Gold Mining Company LLC); Varvara (JSC Varvarinskoye; JSC Komarovskoye Mining Company); Amursk/Albazino (Albazino Resources Ltd, Amur Hydrometallurgical Plant LLC); Mayskoye (Mayskoye Gold Mining Company LLC); Kyzyl (Bakyrchik Mining Venture LLP and Inter Gold Capital LLP), and Armenia (Kapan MPC CJSC and LV Gold Mining CJSC).

Analyst Recommendations for Polymetal International (LON:POLY)

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