African Minerals Limited Receives “Buy” Rating from Canaccord Genuity (AMI)
African Minerals Limited (LON:AMI)‘s stock had its “buy” rating reiterated by Canaccord Genuity in a research note issued on Monday. They currently have a GBX 230 ($3.86) price target on the stock. Canaccord Genuity’s price objective suggests a potential upside of 114.45% from the company’s current price.
Shares of African Minerals Limited (LON:AMI) opened at 106.50 on Monday. African Minerals Limited has a 52-week low of GBX 102.25 and a 52-week high of GBX 261.25. The stock’s 50-day moving average is GBX 121.3 and its 200-day moving average is GBX 160.7.
A number of other analysts have also recently weighed in on AMI. Analysts at Deutsche Bank reiterated a “buy” rating on shares of African Minerals Limited in a research note on Friday. They now have a GBX 316 ($5.30) price target on the stock. Separately, analysts at Barclays reiterated an “underweight” rating on shares of African Minerals Limited in a research note on Thursday, May 22nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 254.09 ($4.26).
African Minerals Limited (LON:AMI) is a minerals exploration, development and production company with interests in Sierra Leone.
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