Amerisur Resources plc’s (AMER) “Neutral” Rating Reaffirmed at Macquarie
Macquarie restated their neutral rating on shares of Amerisur Resources plc (LON:AMER) in a research note issued to investors on Friday. They currently have a GBX 27 ($0.36) target price on the stock.
A number of other research analysts have also commented on AMER. Shore Capital reaffirmed a house stock rating on shares of Amerisur Resources plc in a research report on Tuesday, May 31st. Peel Hunt reaffirmed a sell rating and set a GBX 24 ($0.32) price objective on shares of Amerisur Resources plc in a research report on Friday, June 3rd. Finally, Barclays PLC upped their price objective on shares of Amerisur Resources plc from GBX 30 ($0.40) to GBX 34 ($0.45) and gave the company an equal weight rating in a research report on Thursday, June 9th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of GBX 30.25 ($0.40).
Shares of Amerisur Resources plc (LON:AMER) opened at 24.50 on Friday. Amerisur Resources plc has a one year low of GBX 16.68 and a one year high of GBX 34.18. The company’s market cap is GBX 262.89 million. The company’s 50-day moving average price is GBX 25.87 and its 200 day moving average price is GBX 27.00.
About Amerisur Resources plc
Amerisur Resources plc is an independent full-cycle oil and gas company. The Company’s principal activity is investing in oil and gas exploration and development in South America, principally in Paraguay and Colombia. It operates through oil exploration and development segment. It operates in Colombia, Paraguay and the United Kingdom.
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