Breaking: Polymetal International PLC (LON:POLY) “Buy” Rating Reconfirmed by Analysts at Numis Today; The Price Target Given is GBX 1000.00

July 27, 2018 - By Catherine Diaz

Polymetal International Plc (LON:POLY) Logo

Polymetal International PLC (LON:POLY) Rating Reaffirmed

In a research report shared with investors on 27 July, The “Buy” rating of Polymetal International PLC (LON:POLY) shares was reiterated by Analysts at Numis, who now has a GBX 1000.00 target on the stock. Numis’s target would indicate a possible upside of 47.23 % from the last price of the company.

Polymetal International Plc (LON:POLY) Ratings Coverage

Among 7 analysts covering Polymetal International PLC (LON:POLY), 4 have Buy rating, 1 Sell and 2 Hold. Therefore 57% are positive. Polymetal International PLC has GBX 1100 highest and GBX 650 lowest target. GBX 873.57’s average target is 28.47% above currents GBX 680 stock price. Polymetal International PLC had 12 analyst reports since March 13, 2018 according to SRatingsIntel. The rating was maintained by Jefferies with “Underperform” on Friday, March 16. On Tuesday, April 24 the stock rating was downgraded by RBC Capital Markets to “Sector Performer”. On Friday, July 27 the stock rating was maintained by Numis Securities with “Buy”. The firm has “Outperform” rating given on Wednesday, April 4 by RBC Capital Markets. The company was upgraded on Wednesday, June 27 by JP Morgan. The firm earned “Underweight” rating on Monday, April 9 by JP Morgan. The firm has “Buy” rating by Citigroup given on Tuesday, March 13. Morgan Stanley maintained Polymetal International Plc (LON:POLY) on Friday, June 29 with “Equal Weight” rating. The rating was upgraded by Numis Securities to “Buy” on Monday, April 23. The stock has “Underweight” rating by JP Morgan on Tuesday, March 13.

The stock increased 0.06% or GBX 0.4 during the last trading session, reaching GBX 680. About 311,843 shares traded. Polymetal International Plc (LON:POLY) has 0.00% since July 27, 2017 and is . It has underperformed by 12.57% the S&P500.

Polymetal International plc operates as a precious metals mining firm in the Russia Federation, Kazakhstan, and Armenia. The company has market cap of 3.08 billion GBP. The firm explores for gold, silver, copper, zinc, and platinum group metals. It has a 8.4 P/E ratio. The Company’s flagship project is the Dukat hub situated in the northeast of Magadan, the Russia Federation.

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