Peel Hunt Reaffirms “Hold” Rating for Anglo Pacific Group (APF)

Anglo Pacific Group (LON:APF)‘s stock had its “hold” rating reiterated by equities researchers at Peel Hunt in a report released on Thursday. They currently have a GBX 161 ($2.26) price target on the stock. Peel Hunt’s price objective would indicate a potential upside of 11.42% from the company’s current price.

Several other equities analysts also recently weighed in on APF. Canaccord Genuity started coverage on Anglo Pacific Group in a research report on Thursday, November 23rd. They set a “buy” rating and a GBX 185 ($2.59) target price on the stock. Shore Capital reiterated a “not rated” rating on shares of Anglo Pacific Group in a research report on Tuesday, November 28th. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 174.50 ($2.45).

Anglo Pacific Group (LON APF) traded down GBX 3.50 ($0.05) during midday trading on Thursday, reaching GBX 144.50 ($2.03). The company had a trading volume of 229,942 shares, compared to its average volume of 166,236. Anglo Pacific Group has a 1 year low of GBX 101 ($1.42) and a 1 year high of GBX 165 ($2.31). The stock has a market capitalization of $262.31 and a P/E ratio of 850.00.

In other news, insider Robert Stan acquired 4,150 shares of the business’s stock in a transaction dated Wednesday, November 22nd. The shares were bought at an average cost of GBX 141 ($1.98) per share, for a total transaction of £5,851.50 ($8,204.57).

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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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