Aquarius Platinum Ltd Given Neutral Rating at Citigroup Inc. (AQP)
Aquarius Platinum Ltd (LON:AQP)‘s stock had its “neutral” rating reaffirmed by analysts at Citigroup Inc. in a research report issued to clients and investors on Monday, American Banking & Market News reports. They currently have a GBX 54 ($0.87) target price on the stock. Citigroup Inc.’s target price would indicate a potential upside of 8.54% from the stock’s previous close.
A number of other firms have also recently commented on AQP. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Aquarius Platinum Ltd in a research note to investors on Wednesday, October 2nd. They now have a GBX 40 ($0.64) price target on the stock. Separately, analysts at Macquarie reiterated an “underperform” rating on shares of Aquarius Platinum Ltd in a research note to investors on Thursday, September 26th. They now have a GBX 39 ($0.63) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Aquarius Platinum Ltd in a research note to investors on Thursday, September 26th. They now have a GBX 55 ($0.88) price target on the stock, down previously from GBX 60 ($0.96). Two research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 51.28 ($0.82).
Shares of Aquarius Platinum Ltd (LON:AQP) traded down 3.28% during mid-day trading on Monday, hitting GBX 48.12. The stock had a trading volume of 199,361 shares. Aquarius Platinum Ltd has a 1-year low of GBX 35.50 and a 1-year high of GBX 75.50. The stock has a 50-day moving average of GBX 47.33 and a 200-day moving average of GBX 44.89. The company’s market cap is £226.5 million.
Aquarius Platinum Limited (LON:AQP) is engaged mine development, concentrate production and investment.
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