Canaccord Genuity Boosts Anglo Pacific Group (APF) Price Target to GBX 195
Anglo Pacific Group (LON:APF) had its price objective upped by research analysts at Canaccord Genuity from GBX 185 ($2.51) to GBX 195 ($2.64) in a research report issued on Monday. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity’s price objective points to a potential upside of 26.62% from the stock’s previous close.
Several other equities analysts have also recently issued reports on APF. Peel Hunt lowered their target price on shares of Anglo Pacific Group from GBX 156 ($2.12) to GBX 151 ($2.05) and set a “buy” rating on the stock in a research note on Friday, September 22nd. Macquarie restated an “outperform” rating and set a GBX 185 ($2.51) target price on shares of Anglo Pacific Group in a research note on Tuesday, October 10th. Finally, Shore Capital restated a “not rated” rating on shares of Anglo Pacific Group in a research note on Tuesday, November 28th. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of GBX 174.50 ($2.37).
Shares of Anglo Pacific Group (APF) traded down GBX 1.50 ($0.02) during trading on Monday, reaching GBX 154 ($2.09). 161,192 shares of the company were exchanged, compared to its average volume of 111,777. The company has a market cap of $280.40 and a PE ratio of 905.88. Anglo Pacific Group has a 52 week low of GBX 101 ($1.37) and a 52 week high of GBX 165 ($2.24).
Anglo Pacific Group 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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