Amerisur Resources plc (AMER) Receives “Hold” Rating from Peel Hunt
Amerisur Resources plc (LON:AMER)‘s stock had its “hold” rating reaffirmed by equities research analysts at Peel Hunt in a research note issued on Friday. They currently have a GBX 20 ($0.26) price objective on the stock. Peel Hunt’s target price points to a potential upside of 19.40% from the stock’s previous close.
AMER has been the subject of several other research reports. Shore Capital restated a “house stock” rating on shares of Amerisur Resources plc in a research note on Tuesday, May 30th. Macquarie dropped their price target on shares of Amerisur Resources plc from GBX 29 ($0.37) to GBX 27 ($0.35) and set a “neutral” rating for the company in a research note on Wednesday, June 21st. Finally, Barclays PLC downgraded shares of Amerisur Resources plc to an “equal weight” rating and lowered their target price for the stock from GBX 29 ($0.37) to GBX 26 ($0.34) in a research note on Thursday, June 22nd. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Amerisur Resources plc has an average rating of “Hold” and an average target price of GBX 30.60 ($0.40).
Shares of Amerisur Resources plc (LON AMER) traded down 1.47% on Friday, reaching GBX 16.75. The company had a trading volume of 234,411 shares. The stock’s market capitalization is GBX 203.21 million. The company’s 50 day moving average price is GBX 16.68 and its 200-day moving average price is GBX 20.86. Amerisur Resources plc has a 1-year low of GBX 14.50 and a 1-year high of GBX 32.75.
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About Amerisur Resources plc
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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