Polymetal International PLC 50.2% potential upside indicated by Berenberg Bank

Broker Ratings

Polymetal International PLC with ticker (LON:POLY) now has a potential upside of 50.2% according to Berenberg Bank.

Berenberg Bank set a target price of 2,200 GBX for the company, which when compared to the Polymetal International PLC share price of 1,095 GBX at opening today (28/01/2022) indicates a potential upside of 50.2%. Trading has ranged between 11 (52 week low) and 1,103 (52 week high) with an average of 1,853,797 shares exchanging hands daily. The market capitalisation at the time of writing is £5,035,888,179.

Polymetal International PLC is a Cyprus-based precious metals mining group. The Group has a portfolio of nine producing gold and silver mines and 3 development projects across Russia and Kazakhstan. The Group has four geographical segments: Magadan, Ural, Khabarovsk and Kazakhstan. Each segment is engaged in gold, silver or copper mining and related activities, including exploration, extraction, processing and reclamation.

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