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Petropavlovsk Rating Reiterated by Westhouse Securities (POG)

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Petropavlovsk logoPetropavlovsk (LON: POG)‘s stock had its “buy” rating reaffirmed by stock analysts at Westhouse Securities in a report issued on Wednesday, ARN reports. They currently have a GBX 275 ($4.18) price target on the stock. Westhouse Securities’ price objective suggests a potential upside of 217.00% from the stock’s previous close.

Petropavlovsk (LON: POG) opened at 87.50 on Wednesday. Petropavlovsk has a 1-year low of GBX 84.25 and a 1-year high of GBX 495.00. The stock’s 50-day moving average is currently GBX 419.1. The company’s market cap is £163.3 million.

POG has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Petropavlovsk in a research note to investors on Wednesday, June 26th. They now have a GBX 340 ($5.17) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Petropavlovsk in a research note to investors on Friday, June 21st.

Five equities research analysts have rated the stock with a sell rating, two have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 288.52 ($4.39).

Petropavlovsk PLC is a gold producer. The Company is engaged in the mining of precious and non-precious metals which require it to hold licenses which permit it to explore and mine in particular areas in Russia.


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