Pan African Resources (LON:PAF – Get Free Report) had its price objective lowered by investment analysts at Berenberg Bank from GBX 190 to GBX 181 in a report released on Tuesday, MarketBeat.com reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target suggests a potential upside of 17.23% from the company’s previous close.
Separately, Canaccord Genuity Group boosted their target price on Pan African Resources from GBX 135 to GBX 160 and gave the stock a “buy” rating in a report on Thursday, February 5th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 170.50.
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