Todays Report: Today, Polymetal International PLC (POLY) Earns “Buy” Rating from Numis Securities Ltd

Today, Polymetal International PLC (POLY) Earns “Buy” Rating from Numis Securities Ltd

Polymetal International PLC (LON:POLY)‘s stock had its “buy” rating reaffirmed by equities researchers at Numis Securities Ltd in a report released on Monday, StockTargetPrices.com reports.

Several other equities analysts have also recently commented on POLY. Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 820 ($10.24) price target on shares of Polymetal International PLC in a research report on Monday, July 25th. Berenberg Bank dropped their price objective on shares of Polymetal International PLC from GBX 395 ($4.94) to GBX 360 ($4.50) and set a “buy” rating on the stock in a research note on Wednesday, August 17th. Jefferies Group reiterated an “underperform” rating and set a GBX 825 ($10.31) price objective on shares of Polymetal International PLC in a research note on Thursday, August 25th. Morgan Stanley assumed coverage on shares of Polymetal International PLC in a research note on Wednesday, November 9th. They set an “equal weight” rating and a GBX 900 ($11.24) price objective on the stock. Finally, Peel Hunt upgraded shares of Polymetal International PLC to an “add” rating and set a GBX 350 ($4.37) price objective on the stock in a research note on Tuesday, November 15th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. Polymetal International PLC presently has an average rating of “Hold” and an average price target of GBX 674.60 ($8.43).

Shares of Polymetal International PLC (LON:POLY) traded down 0.67% during midday trading on Monday, hitting GBX 745.50. The stock had a trading volume of 798,300 shares. The firm has a 50 day moving average of GBX 853.20 and a 200-day moving average of GBX 957.18. Polymetal International PLC has a one year low of GBX 497.20 and a one year high of GBX 1,209.00. The company’s market cap is GBX 3.18 billion.

In other news, insider Marina Groenberg purchased 2,500 shares of the company’s stock in a transaction on Tuesday, October 11th. The shares were bought at an average price of GBX 866 ($10.82) per share, for a total transaction of £21,650 ($27,048.98).

Polymetal International PLC Company Profile

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