Anglo Pacific Group plc (APF) Earns Buy Rating from Peel Hunt
Anglo Pacific Group plc (LON:APF)‘s stock had its “buy” rating reiterated by equities research analysts at Peel Hunt in a report issued on Thursday. They presently have a GBX 156 ($2.01) price objective on the stock. Peel Hunt’s price target would indicate a potential upside of 17.74% from the company’s current price.
A number of other research analysts have also recently issued reports on APF. Macquarie reiterated an “outperform” rating and issued a GBX 185 ($2.39) target price on shares of Anglo Pacific Group plc in a research report on Monday, June 19th. Shore Capital reiterated a “not rated” rating on shares of Anglo Pacific Group plc in a research report on Monday, June 26th. Finally, FinnCap reiterated a “buy” rating and issued a GBX 150 ($1.94) target price on shares of Anglo Pacific Group plc in a research report on Wednesday, August 23rd.
Shares of Anglo Pacific Group plc (APF) traded down 2.93% on Thursday, reaching GBX 132.50. 175,415 shares of the company traded hands. The firm’s 50 day moving average is GBX 126.16 and its 200 day moving average is GBX 118.14. Anglo Pacific Group plc has a one year low of GBX 98.25 and a one year high of GBX 145.00. The company’s market capitalization is GBX 229.72 million.
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In other news, insider Julian Treger purchased 10,000 shares of the business’s stock in a transaction dated Thursday, June 29th. The shares were purchased at an average cost of GBX 111 ($1.43) per share, with a total value 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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