Panmure Gordon Reiterates Hold Rating for Aquarius Platinum Limited (UK) (AQP)
Aquarius Platinum Limited (UK) (LON:AQP)‘s stock had its “hold” rating reaffirmed by analysts at Panmure Gordon in a research report issued to clients and investors on Thursday. They currently have a GBX 25 ($0.41) target price on the stock. Panmure Gordon’s price target points to a potential upside of 7.53% from the stock’s previous close.
Shares of Aquarius Platinum Limited (LON:AQP) traded down 1.08% on Thursday, hitting GBX 23.00. The stock had a trading volume of 612,432 shares. Aquarius Platinum Limited has a 1-year low of GBX 17.911 and a 1-year high of GBX 31.093. The stock has a 50-day moving average of GBX 23.90 and a 200-day moving average of GBX 28.26. The company’s market cap is £543.3 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Aquarius Platinum Limited (UK) in a research note on Wednesday. They now have a GBX 30 ($0.50) price target on the stock. Separately, analysts at BNP Paribas reiterated a “hold” rating on shares of Aquarius Platinum Limited (UK) in a research note on Wednesday, August 13th. They now have a GBX 23.21 ($0.39) price target on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of Aquarius Platinum Limited (UK) from GBX 22 ($0.37) to GBX 26 ($0.43) in a research note on Tuesday, August 12th. They now have a “neutral” rating on the stock. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the company’s stock. Aquarius Platinum Limited (UK) presently has a consensus rating of “Hold” and an average price target of GBX 32.18 ($0.53).
Aquarius Platinum Limited (LON:AQP) is engaged in mine development, concentrate production and investment.
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