Amerisur Resources plc (AMER) Receives “Hold” Rating from Peel Hunt
Several other brokerages have also weighed in on AMER. Shore Capital reaffirmed a house stock rating on shares of Amerisur Resources plc in a research report on Monday, June 12th. Macquarie decreased their target price on Amerisur Resources plc from GBX 29 ($0.38) to GBX 27 ($0.36) and set a neutral rating for the company in a report on Wednesday, June 21st. Finally, Barclays PLC cut Amerisur Resources plc to an equal weight rating and decreased their target price for the stock from GBX 29 ($0.38) to GBX 26 ($0.34) in a report on Thursday, June 22nd. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of GBX 29.60 ($0.39).
Shares of Amerisur Resources plc (AMER) opened at 19.75 on Monday. Amerisur Resources plc has a 52-week low of GBX 14.50 and a 52-week high of GBX 32.75. The stock’s market cap is GBX 239.61 million. The stock’s 50 day moving average is GBX 16.59 and its 200 day moving average is GBX 20.30.
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In related news, insider John Wardle bought 1,200,000 shares of the company’s stock in a transaction that occurred on Monday, September 25th. The shares were acquired at an average cost of GBX 17 ($0.23) per share, for a total transaction of £204,000 ($270,592.92).
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.
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