Polymetal International (LON:POLY) PT Raised to GBX 1,060
Polymetal International (LON:POLY) had its price target increased by JPMorgan Chase & Co. from GBX 1,000 ($13.07) to GBX 1,060 ($13.85) in a report published on Thursday, Digital Look reports. JPMorgan Chase & Co. currently has a neutral rating on the mining company’s stock.
POLY has been the subject of a number of other research reports. Royal Bank of Canada raised their price target on Polymetal International from GBX 1,100 ($14.37) to GBX 1,200 ($15.68) and gave the stock an outperform rating in a research note on Tuesday, August 27th. Citigroup raised Polymetal International to a buy rating and raised their price target for the stock from GBX 915 ($11.96) to GBX 1,060 ($13.85) in a research note on Tuesday, June 25th. UBS Group reaffirmed a buy rating on shares of Polymetal International in a research note on Friday, September 6th. Finally, Berenberg Bank raised their price target on Polymetal International from GBX 970 ($12.67) to GBX 1,070 ($13.98) and gave the stock a hold rating in a research note on Tuesday, July 30th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Polymetal International currently has a consensus rating of Buy and an average target price of GBX 1,106.67 ($14.46).
POLY stock traded down GBX 39.50 ($0.52) on Thursday, reaching GBX 1,133 ($14.80). The company’s stock had a trading volume of 1,677,477 shares, compared to its average volume of 970,325. The business has a fifty day simple moving average of GBX 1,071.14 and a two-hundred day simple moving average of GBX 920.46. Polymetal International has a 12-month low of GBX 593.80 ($7.76) and a 12-month high of GBX 1,214.19 ($15.87). The firm has a market cap of $5.33 billion and a PE ratio of 15.85. The company has a debt-to-equity ratio of 116.83, a quick ratio of 0.85 and a current ratio of 2.51.
About Polymetal International
Polymetal International plc operates as a precious metals mining company in Russia, Kazakhstan, East Asia, and Europe. The company operates in four segments: Magadan, Ural, Khabarovsk, and Kazakhstan. It is involved in the exploration, extraction, processing, reclamation, and other related activities of gold, silver, copper, zinc, and platinum group metals.
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