ACG Acquisition (LON:ACG) Trading Up 0.6% – Here’s Why

ACG Acquisition Company Limited (LON:ACG) shares rose 0.6% during trading on Wednesday . The company traded as high as GBX 1,670 and last traded at GBX 1,660. Approximately 6,437 shares changed hands during trading, a decline of 54% from the average daily volume of 13,983 shares. The stock had previously closed at GBX 1,650.

Wall Street Analysts Forecast Growth

ACG has been the topic of a number of research analyst reports. Canaccord Genuity Group upped their price target on shares of ACG Acquisition from GBX 2,040 to GBX 2,170 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,100 price target on shares of ACG Acquisition in a research report on Friday, April 17th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a GBX 2,350 price target on shares of ACG Acquisition in a research report on Tuesday, April 21st. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 2,206.67.

ACG Acquisition Stock Up 0.6%

The company has a 50 day simple moving average of GBX 1,559.21 and a 200-day simple moving average of GBX 1,389.50. The stock has a market capitalization of £384.07 million and a price-to-earnings ratio of -8.14.

About ACG Acquisition

ACG Metals is a company with a vision to build a global, high-margin, copper-focused producer with safe, efficient, and sustainable operations.
In September 2024, ACG successfully completed the acquisition of the Gediktepe Mine which is expected to transition to primary copper and zinc production from 2026 and will target annual steady-state copper equivalent production of 20-25 kt. Gediktepe produced 39.2koz of AuEq in 2025.
ACG’s team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector.