Polymetal International PLC (LON:POLY) Rating Reaffirmed
Analysts at Deutsche Bank now has a GBX 460.00 Estimated Target Price on Polymetal International PLC (LON:POLY). Deutsche Bank and their recent Estimated Target Price gives a potential downside of -14.34% from the company’s stock close price. The rating has been disclosed to clients in analysts report on 16 December.
From a total of 18 analysts covering Polymetal International PLC (LON:POLY) stock, 5 rate it a ”Buy”, 2 a “Sell”, and 10 a ”Hold”. This means that 29% of the ratings are positive. The highest target price is GBX 18.99 while the lowest target price is GBX 7.13. The mean of all analyst targets is GBX 9.3 with a 0.00% above today’s (GBX 535) stock price. Polymetal International PLC was the topic of 18 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 16 with “Hold” rating. Goldman Sachs downgraded shares to “Buy” rating and GBX 570 target share price in a report from a September 21. UBS maintained POLY stock in a recent report from November 16 with “Neutral” rating. Finally, Barclays Capital maintained the stock with “Equal Weight” rating in a report issued on a November 10.
Approximately 89,928 shares of stock traded hands. Polymetal International PLC (LON:POLY) has declined 0.55% since May 19, 2015 and is downtrending. It has outperformed by 2.08% the S&P500.
Polymetal International plc is a precious metals producer in Russia and Kazakhstan. The company has a market cap of 2.25 billion GBP. The Firm is engaged in gold, silver or copper mining and related activities, including exploration, extraction, processing and reclamation. It currently has negative earnings. It operates through eight divisions: Voro , Khakanja (LLC Okhotskaya Mining and Exploration Company, Svetloye LLC), Dukat (CJSC Magadan Silver, Olymp LLC), Omolon (Omolon Gold Mining Company LLC), Varvara (JSC Varvarinskoye), Amursk-Albazino (Albazino Resources Ltd, Amur Hydrometallurgical Plant LLC), Mayskoye (Mayskoye Gold Mining Company LLC) and Kyzyl (Bakyrchik Mining Venture LLP, JSC Inter Gold Capital).