Shares of Polymetal International PLC (LON:POLY) have been given an average recommendation of “Buy” by the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is GBX 908 ($11.86).
A number of analysts have recently issued reports on the company. JPMorgan Chase & Co. lifted their target price on Polymetal International from GBX 930 ($12.15) to GBX 940 ($12.28) and gave the stock a “neutral” rating in a research report on Wednesday, November 14th. UBS Group reaffirmed a “buy” rating on shares of Polymetal International in a research report on Monday, October 22nd. Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 800 ($10.45) target price on shares of Polymetal International in a research report on Tuesday, October 30th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Polymetal International in a research report on Wednesday, October 17th. Finally, Numis Securities reaffirmed a “buy” rating and set a GBX 1,000 ($13.07) target price on shares of Polymetal International in a research report on Wednesday, August 22nd.
Shares of LON POLY opened at GBX 789 ($10.31) on Friday. Polymetal International has a 1 year low of GBX 729.60 ($9.53) and a 1 year high of GBX 1,367.91 ($17.87).
Polymetal International Company Profile
Polymetal International plc operates as a precious metals mining company in Russia, Kazakhstan, and Armenia. The company explores for gold, silver, copper, zinc, and platinum group metals. Its flagship project is the Dukat hub situated in the northeast of Magadan, Russia. The company also owns interests in various projects, including Omolon Hub, Amursk POX Hub, Albazino, Mayskoye, Okhotsk Hub, Voro, Kapan, Varvara, and Kyzyl projects.
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