Anglo Pacific Group’s (APF) “Buy” Rating Reiterated at Canaccord Genuity

Anglo Pacific Group (LON:APF)‘s stock had its “buy” rating reaffirmed by research analysts at Canaccord Genuity in a research report issued to clients and investors on Wednesday. They currently have a GBX 195 ($2.73) target price on the stock. Canaccord Genuity’s price target indicates a potential upside of 32.65% from the company’s previous close.

Several other equities research analysts also recently commented on the stock. Macquarie restated an “outperform” rating and issued a GBX 185 ($2.59) price target on shares of Anglo Pacific Group in a research report on Tuesday, October 10th. Shore Capital reiterated a “not rated” rating on shares of Anglo Pacific Group in a research report on Tuesday, November 28th. Finally, Peel Hunt restated a “buy” rating and set a GBX 151 ($2.12) price target on shares of Anglo Pacific Group in a report on Thursday, November 9th. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of GBX 174.50 ($2.45).

Shares of Anglo Pacific Group (LON APF) traded down GBX 1.50 ($0.02) during trading hours on Wednesday, reaching GBX 147 ($2.06). 398,426 shares of the company were exchanged, compared to its average volume of 145,296. The company has a market capitalization of $257.57 and a PE ratio of 864.71. Anglo Pacific Group has a 1 year low of GBX 101 ($1.42) and a 1 year high of GBX 165 ($2.31).

In other Anglo Pacific Group news, insider Robert Stan purchased 10,850 shares of the business’s stock in a transaction dated Monday, November 27th. The shares were acquired at an average price of GBX 143 ($2.01) per share, for a total transaction of £15,515.50 ($21,754.77).

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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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