Aquarius Platinum Ltd Receives “Buy” Rating from Panmure Gordon (AQP)
Aquarius Platinum Ltd (LON:AQP)‘s stock had its “buy” rating reaffirmed by Panmure Gordon in a research note issued on Friday, Analyst Ratings Network reports. They currently have a GBX 122 ($1.97) price target on the stock. Panmure Gordon’s price objective indicates a potential upside of 171.11% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Aquarius Platinum Ltd in a research note to investors on Friday. They now have a GBX 55 ($0.89) price target on the stock. Separately, analysts at Barclays raised their price target on shares of Aquarius Platinum Ltd from GBX 44 ($0.71) to GBX 45 ($0.73) in a research note to investors on Friday. They now have an “equal weight” rating on the stock. Finally, analysts at Investec downgraded shares of Aquarius Platinum Ltd to a “sell” rating in a research note to investors on Thursday. They now have a GBX 42 ($0.68) price target on the stock, down previously from GBX 48 ($0.78). Three research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 59.74 ($0.97).
Aquarius Platinum Ltd (LON:AQP) traded down 5.26% on Friday, hitting GBX 45.00. 1,653,780 shares of the company’s stock traded hands. Aquarius Platinum Ltd has a 52 week low of GBX 35.50 and a 52 week high of GBX 75.50. The stock has a 50-day moving average of GBX 49.7 and a 200-day moving average of GBX 44.. The company’s market cap is £211.8 million.
Aquarius Platinum Limited (LON:AQP) is engaged mine development, concentrate production and investment.
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