Polymetal International (LON:POLY) Rating Reiterated by Berenberg Bank

Polymetal International (LON:POLY)‘s stock had its “hold” rating reaffirmed by analysts at Berenberg Bank in a research report issued on Tuesday, Marketbeat Ratings reports. They presently have a GBX 1,140 ($14.90) price objective on the mining company’s stock. Berenberg Bank’s target price points to a potential downside of 2.52% from the stock’s previous close.

A number of other equities analysts also recently weighed in on POLY. UBS Group reaffirmed a “buy” rating on shares of Polymetal International in a research note on Monday, November 11th. JPMorgan Chase & Co. raised their target price on shares of Polymetal International from GBX 1,050 ($13.72) to GBX 1,150 ($15.03) and gave the company a “neutral” rating in a research note on Tuesday. Goldman Sachs Group decreased their target price on shares of Polymetal International from GBX 1,310 ($17.12) to GBX 1,300 ($16.99) and set a “buy” rating for the company in a research note on Tuesday, October 29th. Numis Securities downgraded shares of Polymetal International to an “add” rating in a research note on Thursday, October 24th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 1,400 ($18.29) target price (up previously from GBX 1,200 ($15.68)) on shares of Polymetal International in a research note on Monday, October 14th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of GBX 1,214.29 ($15.87).

POLY stock traded down GBX 7.50 ($0.10) during trading on Tuesday, reaching GBX 1,169.50 ($15.28). The company had a trading volume of 1,553,435 shares, compared to its average volume of 970,325. Polymetal International has a 52 week low of GBX 697.80 ($9.12) and a 52 week high of GBX 1,283 ($16.76). The company has a market cap of $5.50 billion and a P/E ratio of 16.36. The business has a 50 day moving average of GBX 1,186.31 and a 200 day moving average of GBX 1,022.73. The company has a debt-to-equity ratio of 116.83, a current ratio of 2.51 and a quick ratio of 0.85.

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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