Aquarius Platinum Limited (UK) Given Underperform Rating at Macquarie (AQP)
Aquarius Platinum Limited (UK) (LON:AQP)‘s stock had its “underperform” rating reaffirmed by equities researchers at Macquarie in a research report issued on Wednesday, AR Network reports. They currently have a GBX 14.17 ($0.24) price objective on the stock. Macquarie’s price target indicates a potential downside of 39.70% from the stock’s previous close.
AQP has been the subject of a number of other recent research reports. Analysts at BMO Capital Markets reiterated a “market perform” rating on shares of Aquarius Platinum Limited (UK) in a research note on Tuesday, April 15th. They now have a GBX 45 ($0.76) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Aquarius Platinum Limited (UK) in a research note on Tuesday, April 8th. Finally, analysts at Investec reiterated a “buy” rating on shares of Aquarius Platinum Limited (UK) in a research note on Tuesday, April 8th. They now have a GBX 50 ($0.84) price target on the stock. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 58.18 ($0.98).
Aquarius Platinum Limited (LON:AQP) opened at 22.75 on Wednesday. Aquarius Platinum Limited has a 52-week low of GBX 31.25 and a 52-week high of GBX 54.25. The stock has a 50-day moving average of GBX 37.31 and a 200-day moving average of GBX 40.44. The company’s market cap is £106.8 million.
Aquarius Platinum Limited (LON:AQP) is engaged in mine development, concentrate production and investment.
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