Pan African Resources plc (LON:PAF) Given Average Recommendation of “Buy” by Brokerages
Shares of Pan African Resources plc (LON:PAF) have received a consensus rating of “Buy” from the six analysts that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 23.40 ($0.31).
A number of analysts have commented on PAF shares. Shore Capital reiterated a “not rated” rating on shares of Pan African Resources plc in a research note on Monday, June 26th. Peel Hunt reiterated a “buy” rating and issued a GBX 20 ($0.26) price target on shares of Pan African Resources plc in a research note on Friday, June 9th.
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Pan African Resources plc (PAF) traded up 3.57% during midday trading on Tuesday, hitting GBX 14.50. 1,039,500 shares of the company traded hands. The firm’s market capitalization is GBX 218.49 million. The stock’s 50-day moving average is GBX 15.70 and its 200-day moving average is GBX 15.64. Pan African Resources plc has a 12-month low of GBX 12.75 and a 12-month high of GBX 24.50.
About Pan African Resources plc
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