The Polymetal International PLC (POLY) Given New GBX 725 Price Target at Jefferies Group

The Polymetal International PLC (POLY) Given New GBX 725 Price Target at Jefferies Group

Polymetal International PLC (LON:POLY) had its price target decreased by research analysts at Jefferies Group from GBX 825 ($10.21) to GBX 725 ($8.97) in a research report issued on Friday. The brokerage presently has an “underperform” rating on the mining company’s stock. Jefferies Group’s target price suggests a potential downside of 15.99% from the stock’s current price.

A number of other research firms have also commented on POLY. Goldman Sachs Group Inc. reaffirmed a “buy” rating and issued a GBX 870 ($10.77) price objective on shares of Polymetal International PLC in a research note on Thursday, June 16th. Numis Securities Ltd raised Polymetal International PLC to a “buy” rating in a research note on Tuesday, July 19th. Berenberg Bank started coverage on Polymetal International PLC in a research note on Wednesday, September 7th. They issued a “buy” rating on the stock. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 610 ($7.55) price objective on shares of Polymetal International PLC in a research note on Monday, June 20th. Finally, Credit Suisse Group AG lifted their target price on Polymetal International PLC from GBX 610 ($7.55) to GBX 840 ($10.40) and gave the stock a “neutral” rating in a report on Friday, July 1st. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. Polymetal International PLC currently has an average rating of “Hold” and a consensus price target of GBX 677.89 ($8.39).

Shares of Polymetal International PLC (LON:POLY) opened at 849.00 on Friday. The firm’s market cap is GBX 3.62 billion. Polymetal International PLC has a 12-month low of GBX 497.20 and a 12-month high of GBX 1,209.00. The stock has a 50 day moving average price of GBX 997.49 and a 200 day moving average price of GBX 924.70.

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