African Minerals Limited Rating Reiterated by Deutsche Bank (AMI)
African Minerals Limited (LON:AMI)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank in a research report issued to clients and investors on Thursday. They currently have a GBX 316 ($5.32) target price on the stock. Deutsche Bank’s price target suggests a potential upside of 193.57% from the stock’s previous close.
A number of other firms have also recently commented on AMI. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of African Minerals Limited in a research note on Wednesday. They now have a GBX 295 ($4.96) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of African Minerals Limited in a research note on Wednesday. They now have a GBX 189 ($3.18) price target on the stock. Finally, analysts at Citigroup Inc. cut their price target on shares of African Minerals Limited from GBX 260 ($4.37) to GBX 190 ($3.20) in a research note on Wednesday. They now have a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the company. African Minerals Limited presently has an average rating of “Buy” and a consensus price target of GBX 260 ($4.37).
Shares of African Minerals Limited (LON:AMI) traded up 3.75% during mid-day trading on Thursday, hitting GBX 107.64. The stock had a trading volume of 1,446,293 shares. African Minerals Limited has a one year low of GBX 106.25 and a one year high of GBX 268.00. The stock has a 50-day moving average of GBX 127.1 and a 200-day moving average of GBX 164.2.
African Minerals Limited (LON:AMI) is a minerals exploration, development and production company with interests in Sierra Leone.
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