Peel Hunt Reaffirms a “Buy” Rating on STV Group PLC (LON:STVG) and GBX 460.00 Target; Vaneck Vectors Gold Miners Etf (NYSEARCA:GDX) Shorts Down By 12.28%

Vaneck Vectors Gold Miners Etf (NYSEARCA:GDX) had a decrease of 12.28% in short interest. GDX’s SI was 29.83 million shares in April as released by FINRA. Its down 12.28% from 34.01 million shares previously. With 74.95 million avg volume, 0 days are for Vaneck Vectors Gold Miners Etf (NYSEARCA:GDX)’s short sellers to cover GDX’s short positions. The ETF decreased 1.74% or $0.41 during the last trading session, reaching $23.2. About 19,492 shares traded or Infinity% up from the average. Market Vectors Gold Miners ETF (NYSEARCA:GDX) has declined 10.63% since September 16, 2016 and is downtrending. It has underperformed by 21.62% the S&P500.

The company have set TP of GBX 460.00 on STV Group PLC (LON:STVG) shares. This is 21.69% from the last stock price. In a research note issued on Tuesday morning, Peel Hunt kept their “Buy” rating on shares of STVG.

The Fund seeks to match as closely as possible the price and yield performance of the AMEX Gold Miners Index. The ETF has market cap of $11.73 billion.

Among 3 analysts covering STV Group PLC (LON:STVG), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. STV Group PLC has GBX 650 highest and GBX 442 lowest target. GBX 494’s average target is 30.69% above currents GBX 378 stock price. STV Group PLC had 34 analyst reports since August 5, 2015 according to SRatingsIntel. Liberum Capital maintained STV Group Plc. (LON:STVG) rating on Monday, April 18. Liberum Capital has “Buy” rating and GBX 580 target. Numis Securities maintained the stock with “Hold” rating in Wednesday, February 24 report. The firm has “Buy” rating by Liberum Capital given on Wednesday, February 24. Numis Securities reinitiated STV Group Plc. (LON:STVG) on Thursday, August 25 with “Buy” rating. Peel Hunt maintained the stock with “Buy” rating in Friday, June 3 report. Peel Hunt maintained STV Group Plc. (LON:STVG) rating on Wednesday, February 24. Peel Hunt has “Buy” rating and GBX 650 target. The company was maintained on Wednesday, August 5 by Liberum Capital. Numis Securities downgraded STV Group Plc. (LON:STVG) rating on Thursday, August 27. Numis Securities has “Hold” rating and GBX 466 target. The rating was maintained by Peel Hunt with “Buy” on Thursday, February 11. The company was maintained on Thursday, June 30 by Peel Hunt.

STV Group plc is a United Kingdom-based digital media company. The company has market cap of 149.49 million GBP. The Firm is engaged in the production and distribution of content across multiple devices and platforms, including television broadcasting and the sale of advertising airtime and space in the media. It has a 11.84 P/E ratio. The Firm focuses on its television and digital media businesses and involved in charitable activities.