Numis Securities Ltd reiterated their buy rating on shares of Polymetal International PLC (LON:POLY) in a research note published on Monday, StockTargetPrices.com reports.
Several other research firms have also weighed in on POLY. Berenberg Bank cut their target price on Polymetal International PLC from GBX 395 ($4.94) to GBX 360 ($4.50) and set a buy rating on the stock in a report on Wednesday, August 17th. Deutsche Bank AG restated a hold rating on shares of Polymetal International PLC in a report on Tuesday, August 9th. Jefferies Group restated an underperform rating and set a GBX 825 ($10.31) target price on shares of Polymetal International PLC in a report on Thursday, August 25th. Morgan Stanley initiated coverage on Polymetal International PLC in a report on Wednesday, November 9th. They set an equal weight rating and a GBX 900 ($11.24) target price on the stock. Finally, Peel Hunt upgraded Polymetal International PLC to an add rating and set a GBX 350 ($4.37) target price on the stock in a report on Tuesday, November 15th. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. Polymetal International PLC presently has an average rating of Hold and an average target price of GBX 674.60 ($8.43).
Shares of Polymetal International PLC (LON:POLY) opened at 750.50 on Monday. The firm’s market cap is GBX 3.20 billion. The firm’s 50-day moving average price is GBX 856.70 and its 200 day moving average price is GBX 958.65. Polymetal International PLC has a 52 week low of GBX 497.20 and a 52 week high of GBX 1,209.00.
In other news, insider Marina Groenberg bought 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 11th. The shares were acquired at an average cost of GBX 866 ($10.82) per share, with a total value of £21,650 ($27,048.98).
About Polymetal International PLC