Shore Capital Reaffirms Not Rated Rating for Pan African Resources plc (PAF)
Pan African Resources plc (LON:PAF)‘s stock had its “not rated” rating reiterated by research analysts at Shore Capital in a report released on Monday.
Several other research firms also recently weighed in on PAF. Macquarie reaffirmed an “outperform” rating and issued a GBX 17 ($0.22) target price on shares of Pan African Resources plc in a research report on Friday, March 3rd. Peel Hunt downgraded Pan African Resources plc to an “add” rating and lifted their target price for the company from GBX 18 ($0.23) to GBX 19 ($0.24) in a research report on Monday, February 27th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Pan African Resources plc currently has an average rating of “Buy” and an average target price of GBX 23.40 ($0.30).
Pan African Resources plc (LON:PAF) traded down 1.61% during mid-day trading on Monday, reaching GBX 15.25. 2,161,164 shares of the company were exchanged. The stock’s 50-day moving average price is GBX 15.72 and its 200-day moving average price is GBX 15.75. The stock’s market capitalization is GBX 229.79 million. Pan African Resources plc has a 1-year low of GBX 13.50 and a 1-year high of GBX 24.50.
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Pan African Resources plc Company Profile
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