African Minerals Limited Given Consensus Rating of “Buy” by Brokerages (LON:AMI)
African Minerals Limited (LON:AMI) has earned a consensus rating of “Buy” from the thirteen brokerages that are currently covering the stock, Analyst Ratings Network reports. One analyst has rated the stock with a sell rating, two have given a hold rating and ten have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 218.64 ($3.67).
Shares of African Minerals Limited (LON:AMI) opened at 34.00 on Monday. African Minerals Limited has a 52 week low of GBX 32.458 and a 52 week high of GBX 245.75. The stock has a 50-day moving average of GBX 65.60 and a 200-day moving average of GBX 113.6.
AMI has been the subject of a number of recent research reports. Analysts at Canaccord Genuity cut their price target on shares of African Minerals Limited from GBX 170 ($2.85) to GBX 150 ($2.52) in a research note on Friday, August 8th. They now have a “buy” rating on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of African Minerals Limited in a research note on Friday, August 8th. They now have a GBX 130 ($2.18) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of African Minerals Limited in a research note on Wednesday, August 6th. They now have a GBX 241 ($4.04) 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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