African Minerals Group Given Consensus Rating of “Buy” by Brokerages (LON:AMI)
Shares of African Minerals Group (LON:AMI) have received a consensus rating of “Buy” from the twelve brokerages that are presently covering the company, AnalystRatings.NET reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 299.17 ($4.91).
Shares of African Minerals Group (LON:AMI) traded down 2.00% during mid-day trading on Friday, hitting GBX 159.25. The stock had a trading volume of 811,698 shares. African Minerals Group has a 52 week low of GBX 149.50 and a 52 week high of GBX 344.50. The stock has a 50-day moving average of GBX 187.1 and a 200-day moving average of GBX 194.0.
AMI has been the subject of a number of recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of African Minerals Group in a research note on Tuesday, January 28th. They now have a GBX 370 ($6.07) price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of African Minerals Group in a research note on Monday, January 27th. They now have a GBX 280 ($4.59) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of African Minerals Group in a research note on Monday, January 27th. They now have a GBX 300 ($4.92) price target on the stock.
African Minerals Limited (LON:AMI) is a minerals exploration, development and production company with interests in Sierra Leone.
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