Investment Analysts’ Weekly Ratings Updates for Acacia Mining (ACA)

Several brokerages have updated their recommendations and price targets on shares of Acacia Mining (LON: ACA) in the last few weeks:

  • 1/22/2018 – Acacia Mining had its “underweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 170 ($2.31) price target on the stock.
  • 1/16/2018 – Acacia Mining had its “underweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 170 ($2.31) price target on the stock.
  • 1/16/2018 – Acacia Mining had its “buy” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 300 ($4.07) price target on the stock.
  • 1/16/2018 – Acacia Mining had its “sell” rating reaffirmed by analysts at Citigroup Inc.
  • 1/8/2018 – Acacia Mining had its price target lowered by analysts at Barclays PLC from GBX 225 ($3.05) to GBX 220 ($2.98). They now have an “equal weight” rating on the stock.
  • 12/19/2017 – Acacia Mining had its “under review” rating reaffirmed by analysts at Peel Hunt.
  • 12/15/2017 – Acacia Mining had its price target lowered by analysts at Numis Securities Ltd from GBX 400 ($5.42) to GBX 300 ($4.07). They now have a “buy” rating on the stock.

Shares of Acacia Mining PLC (LON ACA) opened at GBX 192.80 ($2.61) on Monday. Acacia Mining PLC has a 52 week low of GBX 152.80 ($2.07) and a 52 week high of GBX 545.50 ($7.40). The company has a market cap of $785.25 and a price-to-earnings ratio of 876.36.

Acacia Mining plc is primarily engaged in the business of mining, processing and sale of gold. The Company has three operating mines located in Tanzania. The Company’s segments are North Mara gold mine, Bulyanhulu gold mine and Buzwagi gold mine. The North Mara gold deposits are situated in the Mara Musoma greenstone belt.

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