Polymetal International PLC (POLY) Earns “Buy” Rating from Numis Securities Ltd
Numis Securities Ltd reaffirmed their buy rating on shares of Polymetal International PLC (LON:POLY) in a research report released on Wednesday morning. They currently have a GBX 1,200 ($15.63) target price on the mining company’s stock.
Other analysts have also recently issued reports about the stock. Panmure Gordon restated a buy rating and set a GBX 1,192 ($15.53) target price on shares of Polymetal International PLC in a report on Wednesday, April 19th. Jefferies Group LLC reaffirmed an underperform rating on shares of Polymetal International PLC in a research note on Wednesday, May 17th. J P Morgan Chase & Co raised their price objective on shares of Polymetal International PLC from GBX 956 ($12.45) to GBX 971 ($12.65) and gave the stock an underweight rating in a research note on Tuesday, May 16th. Finally, Berenberg Bank lowered shares of Polymetal International PLC to a hold rating and raised their price objective for the stock from GBX 960 ($12.51) to GBX 1,090 ($14.20) in a research note on Friday, May 19th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 927.17 ($12.08).
Polymetal International PLC (LON POLY) opened at 911.00 on Wednesday. The firm has a 50-day moving average price of GBX 903.18 and a 200 day moving average price of GBX 967.76. The firm’s market capitalization is GBX 3.92 billion. Polymetal International PLC has a one year low of GBX 723.00 and a one year high of GBX 1,367.91.
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About Polymetal International PLC
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).
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