AG.L’s (AG) Buy Rating Reiterated at Peel Hunt

Peel Hunt reiterated their buy rating on shares of AG.L (LON:AG) in a report released on Tuesday morning,London Stock Exchange reports. Peel Hunt currently has a GBX 800 target price on the stock.

Several other brokerages have also recently issued reports on AG. Berenberg Bank reaffirmed a “buy” rating and set a GBX 800 target price on shares of AG.L in a research report on Monday, April 20th. Shore Capital Group restated a “house stock” rating on shares of AG.L in a research note on Tuesday. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 800.

AG.L Stock Performance

AG.L Company Profile

First Majestic is a publicly traded mining company focused on silver production in Mexico and is aggressively pursuing the development of its existing mineral property assets. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine. Production from these mines are projected to be between 12.5 to 13.9 million silver ounces or 20.6 to 22.9 million silver equivalent ounces in 2021.