Amerisur Resources plc (AMER) Receives Average Rating of “Hold” from Brokerages
Shares of Amerisur Resources plc (LON:AMER) have been assigned a consensus recommendation of “Hold” from the six analysts that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 31.60 ($0.40).
Several brokerages recently issued reports on AMER. Barclays PLC downgraded shares of Amerisur Resources plc to an “equal weight” rating and cut their price target for the company from GBX 29 ($0.37) to GBX 26 ($0.33) in a report on Thursday, June 22nd. Shore Capital reissued a “house stock” rating on shares of Amerisur Resources plc in a report on Monday, June 12th. Macquarie cut their price target on shares of Amerisur Resources plc from GBX 29 ($0.37) to GBX 27 ($0.34) and set a “neutral” rating for the company in a report on Wednesday, June 21st. Finally, Peel Hunt downgraded shares of Amerisur Resources plc to a “hold” rating and set a GBX 25 ($0.32) price target for the company. in a report on Wednesday, May 24th.
Amerisur Resources plc (AMER) remained flat at GBX 20.00 during midday trading on Tuesday. The stock had a trading volume of 996,469 shares. Amerisur Resources plc has a one year low of GBX 19.75 and a one year high of GBX 32.75. The firm has a 50 day moving average of GBX 24.57 and a 200 day moving average of GBX 24.38. The company’s market capitalization is GBX 242.64 million.
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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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