Amerisur Resources plc (AMER) Given New GBX 25 Price Target at Peel Hunt
Amerisur Resources plc (LON:AMER) had its target price lifted by Peel Hunt from GBX 24 ($0.31) to GBX 25 ($0.33) in a report released on Tuesday. The firm presently has a “hold” rating on the stock. Peel Hunt’s price objective indicates a potential upside of 2.04% from the company’s current price.
Several other equities research analysts have also recently weighed in on the stock. Barclays PLC increased their price objective on shares of Amerisur Resources plc from GBX 30 ($0.39) to GBX 34 ($0.44) and gave the stock an “equal weight” rating in a research report on Thursday, June 9th. Shore Capital reiterated a “house stock” rating on shares of Amerisur Resources plc in a research report on Tuesday, July 12th. Macquarie reiterated a “neutral” rating and set a GBX 27 ($0.35) price objective on shares of Amerisur Resources plc in a research report on Friday, September 16th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 45 ($0.59) price objective on shares of Amerisur Resources plc in a research report on Tuesday, October 4th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 33.40 ($0.44).
Amerisur Resources plc (LON:AMER) traded down 2.00% during midday trading on Tuesday, reaching GBX 24.50. 2,725,033 shares of the company traded hands. The stock’s market capitalization is GBX 296.04 million. The company has a 50 day moving average of GBX 24.79 and a 200-day moving average of GBX 26.73. Amerisur Resources plc has a 12-month low of GBX 16.68 and a 12-month high of GBX 34.18.
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Amerisur Resources plc Company Profile
Amerisur Resources plc is an independent full-cycle oil and gas company. The Company’s principal activity is investing in oil and gas exploration and development in South America, principally in Paraguay and Colombia. It operates through oil exploration and development segment. It operates in Colombia, Paraguay and the United Kingdom.
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