Polymetal International (LON:POLY) Stock Rating Reaffirmed by Shore Capital

Shore Capital reissued their not rated rating on shares of Polymetal International (LON:POLY) in a research note released on Tuesday, Digital Look reports.

Several other equities analysts have also recently issued reports on the company. Royal Bank of Canada raised their price target on Polymetal International from GBX 1,100 ($14.37) to GBX 1,200 ($15.68) and gave the company an outperform rating in a report on Tuesday, August 27th. Berenberg Bank raised their price target on Polymetal International from GBX 970 ($12.67) to GBX 1,070 ($13.98) and gave the company a hold rating in a report on Tuesday, July 30th. JPMorgan Chase & Co. raised their price target on Polymetal International from GBX 1,000 ($13.07) to GBX 1,060 ($13.85) and gave the company a neutral rating in a report on Thursday, September 12th. Citigroup upgraded Polymetal International to a buy rating and raised their price target for the company from GBX 915 ($11.96) to GBX 1,060 ($13.85) in a report on Tuesday, June 25th. Finally, UBS Group reiterated a buy rating and issued a GBX 1,400 ($18.29) price target (up previously from GBX 1,300 ($16.99)) on shares of Polymetal International in a report on Thursday, September 26th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of GBX 1,140 ($14.90).

Polymetal International stock opened at GBX 1,142.50 ($14.93) on Tuesday. The business’s 50-day simple moving average is GBX 1,133.20 and its 200 day simple moving average is GBX 950.88. The stock has a market cap of $5.34 billion and a price-to-earnings ratio of 15.98. Polymetal International has a 12-month low of GBX 599.40 ($7.83) and a 12-month high of GBX 1,214.19 ($15.87). The company has a quick ratio of 0.85, a current ratio of 2.51 and a debt-to-equity ratio of 116.83.

The business also recently announced a dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 5th were issued a dividend of $0.20 per share. This represents a yield of 1.41%. The ex-dividend date was Thursday, September 5th. Polymetal International’s dividend payout ratio (DPR) is currently 0.45%.

About Polymetal International

Polymetal International plc operates as a precious metals mining company in Russia, Kazakhstan, East Asia, and Europe. The company operates in four segments: Magadan, Ural, Khabarovsk, and Kazakhstan. It is involved in the exploration, extraction, processing, reclamation, and other related activities of gold, silver, copper, zinc, and platinum group metals.

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Analyst Recommendations for Polymetal International (LON:POLY)

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