Barclays Increases Aquarius Platinum Ltd Price Target to GBX 45 (AQP)
Equities researchers at Barclays upped their price target on shares of Aquarius Platinum Ltd (LON:AQP) from GBX 44 ($0.71) to GBX 45 ($0.73) in a research report issued on Friday, Analyst Ratings Network.com reports. The firm currently has an “equal weight” rating on the stock.
Aquarius Platinum Ltd (LON:AQP) traded down 5.26% during mid-day trading on Friday, hitting GBX 45.00. The stock had a trading volume of 2,181,414 shares. 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 49.7 and its 200-day moving average is GBX 44.. The company’s market cap is £211.8 million.
A number of other firms have also recently commented on AQP. 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). Separately, analysts at Seymour Pierce reiterated a “hold” rating on shares of Aquarius Platinum Ltd in a research note to investors on Thursday. They now have a GBX 40 ($0.65) price target on the stock. Finally, analysts at BMO Capital Markets reiterated a “market perform” rating on shares of Aquarius Platinum Ltd in a research note to investors on Thursday. They now have a GBX 45 ($0.73) price target on the stock. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have assigned a buy rating to the stock. Aquarius Platinum Ltd presently has a consensus rating of “Hold” and an average price target of GBX 59.74 ($0.97).
Aquarius Platinum Limited (LON:AQP) is engaged mine development, concentrate production and investment.
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