ACG Acquisition (LON:ACG) Stock Price Up 4.2% – Should You Buy?

ACG Acquisition Company Limited (LON:ACG) shares were up 4.2% on Thursday . The company traded as high as GBX 1,720 and last traded at GBX 1,720. Approximately 6,131 shares were traded during trading, a decline of 54% from the average daily volume of 13,417 shares. The stock had previously closed at GBX 1,650.

Analyst Ratings Changes

A number of brokerages recently issued reports on ACG. Berenberg Bank restated a “buy” rating and issued a GBX 2,100 target price on shares of ACG Acquisition in a research note on Friday, April 17th. Canaccord Genuity Group boosted their price target on ACG Acquisition from GBX 2,040 to GBX 2,170 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a GBX 2,350 price objective on shares of ACG Acquisition in a report on Tuesday, April 21st. Three 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 2,206.67.

ACG Acquisition Stock Performance

The firm’s 50 day simple moving average is GBX 1,650.63 and its 200 day simple moving average is GBX 1,455.84. The firm has a market capitalization of £397.96 million and a price-to-earnings ratio of -8.43.

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.