Polymetal International PLC (POLY) Given New GBX 920 Price Target at J P Morgan Chase & Co
Polymetal International PLC (LON:POLY) had its price objective upped by J P Morgan Chase & Co from GBX 910 ($12.01) to GBX 920 ($12.14) in a report published on Monday morning. They currently have a neutral rating on the mining company’s stock.
Several other research firms have also recently issued reports on POLY. Numis Securities Ltd cut shares of Polymetal International PLC to an add rating and set a GBX 1,100 ($14.52) price objective on the stock. in a research report on Wednesday, August 30th. Panmure Gordon reiterated a buy rating and set a GBX 1,166 ($15.39) price objective (down previously from GBX 1,193 ($15.74)) on shares of Polymetal International PLC in a research report on Tuesday, August 29th. Finally, Jefferies Group LLC reiterated an underperform rating and set a GBX 725 ($9.57) price objective on shares of Polymetal International PLC in a research report on Thursday, August 31st. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of GBX 916.45 ($12.09).
Polymetal International PLC (LON POLY) opened at 887.50 on Monday. The stock’s market cap is GBX 3.82 billion. The firm has a 50-day moving average of GBX 862.91 and a 200-day moving average of GBX 933.97. Polymetal International PLC has a 1-year low of GBX 723.00 and a 1-year high of GBX 1,367.91.
The firm also recently declared a dividend, which was paid on Friday, September 29th. Investors of record on Thursday, September 7th were given a $0.14 dividend. This represents a yield of 1.25%. The ex-dividend date of this dividend was Thursday, September 7th.
In other Polymetal International PLC news, insider Vitaly Nesis purchased 703 shares of Polymetal International PLC stock in a transaction that occurred on Tuesday, September 19th. The shares were bought at an average price of GBX 811 ($10.70) per share, for a total transaction of £5,701.33 ($7,523.53).
Polymetal International PLC Company Profile
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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