Anglo Pacific Group plc’s (APF) “Outperform” Rating Reaffirmed at Macquarie
Anglo Pacific Group plc (LON:APF)‘s stock had its “outperform” rating reissued by research analysts at Macquarie in a research note issued to investors on Thursday. They presently have a GBX 185 ($2.39) price objective on the stock. Macquarie’s price objective would suggest a potential upside of 35.53% from the stock’s current price.
APF has been the topic of several other research reports. Peel Hunt restated a “buy” rating and issued a GBX 156 ($2.01) price target on shares of Anglo Pacific Group plc in a research report on Friday, June 9th. FinnCap lifted their price target on shares of Anglo Pacific Group plc from GBX 150 ($1.94) to GBX 157 ($2.03) and gave the stock a “buy” rating in a research report on Friday, September 1st. Finally, Shore Capital restated a “not rated” rating on shares of Anglo Pacific Group plc in a research report on Monday, June 26th.
Anglo Pacific Group plc (LON APF) traded down 2.93% during midday trading on Thursday, reaching GBX 132.50. The company had a trading volume of 175,415 shares. Anglo Pacific Group plc has a 52-week low of GBX 97.88 and a 52-week high of GBX 143.00. The company’s market capitalization is GBX 229.72 million. The company’s 50 day moving average is GBX 125.55 and its 200-day moving average is GBX 118.04.
In other Anglo Pacific Group plc news, insider Julian Treger purchased 10,000 shares of the firm’s stock in a transaction on Thursday, June 29th. The shares were purchased at an average price of GBX 111 ($1.43) per share, for a total transaction of £11,100 ($14,335.53).
Anglo Pacific Group plc Company Profile
Anglo Pacific Group PLC (Anglo Pacific) is a United Kingdom-based company, which focuses on royalties connected with the mining of natural resources. The Company’s producing royalties include Kestrel, Narrabri, Maracas Menchen, El Valle- Boinas/Carles (EVBC) and Four Mile. The Company’s development royalties include Salamanca, Groundhog, and Amapa & Tucano.
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