Amerisur Resources plc’s (AMER) Neutral Rating Reaffirmed at Macquarie
Macquarie reaffirmed their neutral rating on shares of Amerisur Resources plc (LON:AMER) in a research note issued to investors on Thursday morning. Macquarie currently has a GBX 28 ($0.34) price target on the stock.
A number of other analysts have also issued reports on AMER. Peel Hunt upgraded shares of Amerisur Resources plc to a hold rating and dropped their price target for the stock from GBX 26 ($0.32) to GBX 25 ($0.31) in a research note on Wednesday, September 28th. Royal Bank Of Canada restated an outperform rating and issued a GBX 45 ($0.55) price target on shares of Amerisur Resources plc in a research note on Tuesday, October 4th. Barclays PLC restated an equal weight rating and issued a GBX 36 ($0.44) price target on shares of Amerisur Resources plc in a research note on Monday, December 19th. GMP Securities lowered shares of Amerisur Resources plc to a hold rating and set a GBX 35 ($0.43) price target for the company. in a research note on Monday, December 19th. Finally, Shore Capital restated a house stock rating on shares of Amerisur Resources plc in a research note on Tuesday, December 20th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of GBX 33.83 ($0.42).
Shares of Amerisur Resources plc (LON:AMER) opened at 27.75 on Thursday. Amerisur Resources plc has a 1-year low of GBX 16.68 and a 1-year high of GBX 34.18. The stock has a 50 day moving average of GBX 27.18 and a 200 day moving average of GBX 26.52. The firm’s market cap is GBX 335.31 million.
ILLEGAL ACTIVITY WARNING: “Amerisur Resources plc’s (AMER) Neutral Rating Reaffirmed at Macquarie” was reported by Watch List News and is owned by of Watch List News. If you are viewing this piece on another publication, it was copied illegally and reposted in violation of US & international trademark and copyright legislation. The correct version of this piece can be viewed at http://www.watchlistnews.com/amerisur-resources-plcs-amer-neutral-rating-reaffirmed-at-macquarie/1049826.html.
In other Amerisur Resources plc news, insider Charles Giles Clarke sold 750,000 shares of the business’s stock in a transaction on Wednesday, December 21st. The shares were sold at an average price of GBX 26 ($0.32), for a total transaction of £195,000 ($239,646.06).
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.
Receive News & Ratings for Amerisur Resources plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amerisur Resources plc and related companies with Analyst Ratings Network's FREE daily email newsletter.