Aquarius Platinum Ltd Given Buy Rating at Deutsche Bank (AQP)
Aquarius Platinum Ltd (LON:AQP)‘s stock had its “buy” rating restated by equities research analysts at Deutsche Bank in a research note issued to investors on Monday, StockRatingsNetwork reports. They currently have a GBX 50 ($0.82) price objective on the stock. Deutsche Bank’s target price would indicate a potential upside of 30.72% from the stock’s previous close.
Shares of Aquarius Platinum Ltd (LON:AQP) traded down 1.29% on Monday, hitting GBX 38.25. The stock had a trading volume of 336,170 shares. Aquarius Platinum Ltd has a one year low of GBX 35.50 and a one year high of GBX 75.50. The stock has a 50-day moving average of GBX 39.00 and a 200-day moving average of GBX 44.33. The company’s market cap is £180.3 million.
Several other analysts have also recently commented on the stock. Analysts at Investec cut their price target on shares of Aquarius Platinum Ltd from GBX 42 ($0.69) to GBX 36 ($0.59) in a research note to investors on Thursday, January 16th. They now have a “sell” rating on the stock. Separately, analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Aquarius Platinum Ltd in a research note to investors on Tuesday, January 14th. They now have a GBX 43 ($0.71) price target on the stock. Finally, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Aquarius Platinum Ltd in a research note to investors on Monday, January 13th. They now have a GBX 40 ($0.66) price target on the stock. Four investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 58.79 ($0.97).
Aquarius Platinum Limited (LON:AQP) is engaged mine development, concentrate production and investment.
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