Canaccord Genuity Group Forecasts Strong Price Appreciation for ACG Acquisition (LON:ACG) Stock

ACG Acquisition (LON:ACG) had its price objective hoisted by equities researchers at Canaccord Genuity Group from GBX 2,170 to GBX 2,370 in a research note issued on Wednesday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 16.01% from the stock’s previous close.

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,300 price target on shares of ACG Acquisition in a research note on Friday, July 24th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 2,340.

ACG Acquisition Stock Performance

Shares of LON:ACG opened at GBX 2,043 on Wednesday. ACG Acquisition has a 52-week low of GBX 685 and a 52-week high of GBX 2,102.93. The firm has a fifty day moving average of GBX 1,949.37 and a 200 day moving average of GBX 1,681.24. The firm has a market capitalization of £472.85 million and a PE ratio of -10.01.

ACG Acquisition Company Profile

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.