Aquarius Platinum Ltd Receives Underweight Rating from JPMorgan Chase & Co. (AQP)
Aquarius Platinum Ltd (LON:AQP)‘s stock had its “underweight” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research report issued on Friday, American Banking News reports. They currently have a GBX 46 ($0.76) price objective on the stock. JPMorgan Chase & Co.’s price target points to a potential upside of 13.58% from the company’s current price.
AQP has been the subject of a number of other recent research reports. Analysts at HSBC cut their price target on shares of Aquarius Platinum Ltd from GBX 225 ($3.71) to GBX 208 ($3.43) in a research note to investors on Thursday. They now have an “overweight” rating on the stock. Separately, analysts at BMO Capital Markets reiterated a “market perform” rating on shares of Aquarius Platinum Ltd in a research note to investors on Tuesday. They now have a GBX 45 ($0.74) 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 Tuesday. They now have a GBX 40 ($0.66) price target on the stock. Four analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 57.84 ($0.95).
Aquarius Platinum Ltd (LON:AQP) opened at 39.75 on Friday. Aquarius Platinum Ltd has a 52 week low of GBX 35.50 and a 52 week high of GBX 75.50. The stock’s 50-day moving average is GBX 38.9 and its 200-day moving average is GBX 44.26. The company’s market cap is £187.4 million.
Aquarius Platinum Limited (LON:AQP) is engaged mine development, concentrate production and investment.
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