Anglo Pacific Group plc (APF) Receives “Outperform” Rating from Macquarie
Anglo Pacific Group plc (LON:APF)‘s stock had its “outperform” rating reiterated by analysts at Macquarie in a note issued to investors on Monday. They presently have a GBX 150 ($1.86) price objective on the stock. Macquarie’s price objective indicates a potential upside of 26.32% from the company’s current price.
Separately, Peel Hunt lifted their price objective on Anglo Pacific Group plc from GBX 83 ($1.03) to GBX 108 ($1.34) and gave the stock a “buy” rating in a research note on Friday, August 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. Anglo Pacific Group plc has an average rating of “Buy” and a consensus target price of GBX 100.60 ($1.25).
Anglo Pacific Group plc (LON:APF) opened at 119.50 on Monday. Anglo Pacific Group plc has a one year low of GBX 49.00 and a one year high of GBX 127.50. The company’s market cap is GBX 201.97 million. The company’s 50 day moving average price is GBX 105.91 and its 200-day moving average price is GBX 87.62.
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The business also recently announced a dividend, which will be paid on Wednesday, February 8th. Stockholders of record on Thursday, December 29th will be issued a GBX 3 ($0.04) dividend. This represents a dividend yield of 3.15%. The ex-dividend date of this dividend is Thursday, December 29th.
In related news, insider Meier,Patrick bought 1,137 shares of the company’s stock in a transaction dated Tuesday, August 9th. The stock was purchased at an average price of GBX 94 ($1.16) per share, for a total transaction of £1,068.78 ($1,322.75).
About Anglo Pacific Group plc
Anglo Pacific Group PLC (Anglo Pacific) is a United Kingdom-based company, which focuses on royalties connected with the mining of natural resources. The Company’s producing royalties include Kestrel, Narrabri, Maracas Menchen, El Valle- Boinas/Carles (EVBC) and Four Mile. The Company’s development royalties include Salamanca, Groundhog, and Amapa & Tucano.
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