Atalaya Mining PLC (LON:ATYM) had its price objective hoisted by analysts at Peel Hunt from GBX 155 ($2.02) to GBX 160 ($2.09) in a research report issued on Wednesday. The brokerage presently has a “buy” rating on the stock. Peel Hunt’s price objective suggests a potential upside of 83.91% from the stock’s current price.

Other equities analysts have also issued research reports about the company. FinnCap reiterated a “buy” rating and issued a GBX 195 ($2.55) price target on shares of Atalaya Mining PLC in a research report on Wednesday, June 15th. Canaccord Genuity increased their price objective on Atalaya Mining PLC from GBX 190 ($2.48) to GBX 205 ($2.68) and gave the stock a “speculative buy” rating in a research note on Tuesday, July 26th.

Atalaya Mining PLC (LON:ATYM) opened at 87.00 on Wednesday. The stock’s market cap is GBX 101.51 million. Atalaya Mining PLC has a 12-month low of GBX 58.50 and a 12-month high of GBX 133.50. The firm has a 50-day moving average price of GBX 87.07 and a 200-day moving average price of GBX 98.22.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/peel-hunt-increases-atalaya-mining-plc-atym-price-target-to-gbx-160.html

About Atalaya Mining PLC

Atalaya Mining PLC, formerly EMED Mining Public Limited, is a Cyprus-based new European copper company focused on the re-start of production at the Rio Tinto Copper Project. It comprises a number of deposits including one of the largest copper deposits in Spain and is located in the Iberian Pyrite Belt.

Receive News & Ratings for Atalaya Mining PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atalaya Mining PLC and related companies with MarketBeat.com's FREE daily email newsletter.