Aquarius Platinum Ltd Receives “Sector Perform” Rating from RBC Capital (AQP)
Aquarius Platinum Ltd (LON:AQP)‘s stock had its “sector perform” rating reaffirmed by analysts at RBC Capital in a research report issued to clients and investors on Friday, AnalystRatingsNetwork.com reports. They currently have a GBX 55 ($0.88) price target on the stock. RBC Capital’s price objective suggests a potential upside of 11.68% from the company’s current price.
A number of other analysts have also recently weighed in on AQP. Analysts at HSBC cut their price target on shares of Aquarius Platinum Ltd from GBX 235 ($3.75) to GBX 225 ($3.59) in a research note to investors on Thursday. They now have an “overweight” rating on the stock. Separately, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Aquarius Platinum Ltd in a research note to investors on Wednesday. They now have a GBX 40 ($0.64) price target on the stock. Finally, analysts at Goldman Sachs Group Inc. reiterated a “sell/neutral” rating on shares of Aquarius Platinum Ltd in a research note to investors on Thursday, October 10th. They now have a GBX 42 ($0.67) price target on the stock. Two research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and four have given a buy rating to the company. Aquarius Platinum Ltd presently has a consensus rating of “Hold” and an average price target of GBX 59.94 ($0.96).
Shares of Aquarius Platinum Ltd (LON:AQP) opened at 49.50 on Friday. Aquarius Platinum Ltd has a one year low of GBX 35.50 and a one year high of GBX 75.50. The stock’s 50-day moving average is GBX 47.33 and its 200-day moving average is GBX 44.89. The company’s market cap is £232.9 million.
Aquarius Platinum Limited (LON:AQP) is engaged mine development, concentrate production and investment.
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