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Home / Momentum / Polymetal International (POLY.L) 23-04-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Polymetal International (POLY.L) 23-04-20

Will shares in Polymetal International (POLY.L) continue to rally, setting new recent highs?

  • Now trading at 1638p (at time of writing), the price performance has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
  • Shares -0% from 12-month highs; +112% from 12 month lows.

Latest News

20 Apr:  RBC Capital Markets reiterates its outperform rating on Polymetal International (POLY) and increased the target price to 1650p (from 1400p).

17 Apr:  UBS reiterates its buy rating on Polymetal International (POLY) and increased the target price to 1700p (from 1500p).

09 Apr:  Jefferies International reiterates its hold rating on Polymetal International (POLY) and increased the target price to 1300p (from 1125p).

31 Mar:  Polymetal International, the miner, announced it had signed a gold concentrate sales and strategic alliance deal with Blackham Resources, the Australian gold mining company.

27 Mar:  UBS reiterates its buy rating on Polymetal International (POLY) and increased the target price to 1500p (from 1400p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


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