Shares of Amerisur Resources plc (LON:AMER) have earned a consensus rating of “Hold” from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 30.60 ($0.40).

AMER has been the topic of a number of research reports. Shore Capital reaffirmed a “house stock” rating on shares of Amerisur Resources plc in a report on Tuesday, April 4th. Barclays PLC reduced their price objective on shares of Amerisur Resources plc from GBX 36 ($0.47) to GBX 29 ($0.38) and set an “overweight” rating for the company in a research note on Tuesday, April 11th. Peel Hunt lowered shares of Amerisur Resources plc to a “hold” rating and set a GBX 25 ($0.33) price objective for the company. in a research note on Wednesday, May 24th. Finally, Macquarie reduced their price objective on shares of Amerisur Resources plc from GBX 29 ($0.38) to GBX 27 ($0.35) and set a “neutral” rating for the company in a research note on Wednesday, June 21st.

Amerisur Resources plc (LON:AMER) traded up 2.86% during trading on Monday, hitting GBX 18.00. The stock had a trading volume of 190,321 shares. Amerisur Resources plc has a 1-year low of GBX 16.50 and a 1-year high of GBX 32.75. The firm has a 50 day moving average price of GBX 20.63 and a 200-day moving average price of GBX 23.22. The firm’s market capitalization is GBX 218.38 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.

Analyst Recommendations for Amerisur Resources plc (LON:AMER)

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