Analysts Set Polymetal International plc (LON:POLY) Price Target at GBX 1,160

Shares of Polymetal International plc (LON:POLYGet Rating) have received an average rating of “Buy” from the six analysts that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 1,160 ($15.12).

POLY has been the topic of a number of analyst reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a GBX 1,250 ($16.29) price objective on shares of Polymetal International in a research note on Monday, February 14th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 300 ($3.91) price objective on shares of Polymetal International in a research note on Monday. JPMorgan Chase & Co. decreased their price objective on Polymetal International from GBX 1,650 ($21.50) to GBX 1,400 ($18.24) and set an “overweight” rating on the stock in a research note on Monday, January 31st. Citigroup reaffirmed a “buy” rating and set a GBX 1,400 ($18.24) price objective on shares of Polymetal International in a research note on Monday, February 7th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a GBX 1,450 ($18.89) price objective on shares of Polymetal International in a research note on Monday, February 14th.

Polymetal International stock opened at GBX 254.40 ($3.32) on Tuesday. The company has a debt-to-equity ratio of 95.33, a quick ratio of 0.67 and a current ratio of 1.68. The firm has a market capitalization of £1.20 billion and a price-to-earnings ratio of 1.77. Polymetal International has a fifty-two week low of GBX 92.02 ($1.20) and a fifty-two week high of GBX 1,737 ($22.63). The stock’s fifty day moving average is GBX 491.63 and its two-hundred day moving average is GBX 1,010.

The firm also recently declared a dividend, which will be paid on Friday, May 27th. Shareholders of record on Thursday, May 5th will be paid a $0.52 dividend. This represents a yield of 15.06%. This is a positive change from Polymetal International’s previous dividend of $0.45. The ex-dividend date of this dividend is Thursday, May 5th. Polymetal International’s dividend payout ratio (DPR) is presently 0.92%.

Polymetal International Company Profile (Get Rating)

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

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Analyst Recommendations for Polymetal International (LON:POLY)

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