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Home / Momentum / Polymetal International (POLY.L) 25-02-20

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

Polymetal International (POLY.L) 25-02-20

Will Polymetal International (POLY.L) continue this relentless rise, setting new highs?

 

  • Currently trading at 1337.5p (at time of writing), performance has been exceptional of late.
  • Will it hit resistance, or is the trend your friend?
  • Is this one for momentum traders?
  • The price has been moving upwards, however, past performance is not necessarily an indication of the future.
  • Technical traders should be mindful of breaking news and events. This can influence price trends. Check our website and news outlets for updates.
  • Shares -0% from 12-month highs; +73% from 12 month lows.

Latest News

12 Feb:  Polymetal International said that its ore reserve estimate at the Kutyn gold project had doubled.

24 Jan:  Berenberg reiterates its buy rating on Polymetal International (POLY) and reduced the target price to 1420p (from 1480p).

10 Jan:  Berenberg has upgraded its rating on Polymetal International (POLY) to buy (from hold) and increased the target price to 1480p (from 1140p).

17 Dec:  JP Morgan Cazenove reiterates its neutral rating on Polymetal International (POLY) and reduced the target price to 1120p (from 1150p).

05 Dec:  UBS reiterates its buy rating on Polymetal International (POLY) and reduced the target price to 1350p (from 1400p).

12 Nov:  JP Morgan Cazenove reiterates its neutral rating on Polymetal International (POLY) and increased the target price to 1150p (from 1050p).

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

 

Click to enlarge

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