Canaccord Genuity Group Cuts ACG Acquisition (LON:ACG) Price Target to GBX 2,295

ACG Acquisition (LON:ACG) had its target price reduced by Canaccord Genuity Group from GBX 2,370 to GBX 2,295 in a research report report published on Thursday,Digital Look reports. They currently have a buy rating on the stock.

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 2,300 target price on shares of ACG Acquisition in a research report on Thursday. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, ACG Acquisition currently has a consensus rating of “Buy” and an average price target of GBX 2,315.

ACG Acquisition Stock Performance

Shares of ACG opened at GBX 1,870 on Thursday. The stock has a fifty day moving average of GBX 2,007.68 and a two-hundred day moving average of GBX 1,731.47. The company has a market capitalization of £432.81 million and a PE ratio of -9.17. ACG Acquisition has a fifty-two week low of GBX 880 and a fifty-two week high of GBX 2,102.93.

ACG Acquisition (LON:ACG) last posted its quarterly earnings data on Thursday, September 17th. The company reported GBX (1.70) earnings per share (EPS) for the quarter. ACG Acquisition had a negative return on equity of 104.92% and a negative net margin of 43.72%.

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.