Polymetal International (LON:POLY) Given “Hold” Rating at Berenberg Bank

Berenberg Bank reaffirmed their hold rating on shares of Polymetal International (LON:POLY) in a research report report published on Tuesday morning, Digital Look reports. Berenberg Bank currently has a GBX 1,140 ($14.90) target price on the mining company’s stock.

A number of other equities analysts have also weighed in on POLY. Royal Bank of Canada reiterated 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 report on Monday, October 14th. Shore Capital reiterated a not rated rating on shares of Polymetal International in a research report on Tuesday, October 1st. Numis Securities lowered shares of Polymetal International to an add rating in a research report on Thursday, October 24th. UBS Group reiterated a buy rating on shares of Polymetal International in a research report on Monday, November 11th. Finally, JPMorgan Chase & Co. increased their target price on shares of Polymetal International from GBX 1,050 ($13.72) to GBX 1,150 ($15.03) and gave the stock a neutral rating in a research report on Tuesday. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Polymetal International has an average rating of Buy and an average target price of GBX 1,214.29 ($15.87).

LON:POLY traded down GBX 7.50 ($0.10) on Tuesday, reaching GBX 1,169.50 ($15.28). 1,553,435 shares of the company’s stock were exchanged, compared to its average volume of 970,325. The company has a debt-to-equity ratio of 116.83, a current ratio of 2.51 and a quick ratio of 0.85. The firm has a market cap of $5.50 billion and a price-to-earnings ratio of 16.36. 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 stock has a fifty day simple moving average of GBX 1,186.31 and a 200-day simple moving average of GBX 1,022.73.

Polymetal International Company Profile

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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