Anglo Pacific Group (APF) Downgraded by Peel Hunt
Peel Hunt cut shares of Anglo Pacific Group (LON:APF) to a hold rating in a research note issued to investors on Wednesday morning. Peel Hunt currently has GBX 161 ($2.18) price objective on the stock, up from their previous price objective of GBX 154 ($2.09).
Other analysts have also issued research reports about the company. Macquarie reissued an outperform rating and issued a GBX 185 ($2.51) target price on shares of Anglo Pacific Group in a report on Thursday, September 14th. Shore Capital reissued a not rated rating on shares of Anglo Pacific Group in a report on Tuesday, November 28th. FinnCap reissued a buy rating and issued a GBX 157 ($2.13) target price on shares of Anglo Pacific Group in a report on Tuesday, September 12th. Finally, Canaccord Genuity began coverage on Anglo Pacific Group in a report on Thursday, November 23rd. They issued a buy rating and a GBX 185 ($2.51) price objective for the company. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. Anglo Pacific Group has an average rating of Buy and an average target price of GBX 172 ($2.33).
Shares of Anglo Pacific Group (LON:APF) opened at GBX 155.50 ($2.11) on Wednesday. The company has a market capitalization of $281.30 and a price-to-earnings ratio of 914.71. Anglo Pacific Group has a fifty-two week low of GBX 101 ($1.37) and a fifty-two week high of GBX 165 ($2.24).
In other news, insider Robert Stan acquired 4,150 shares of the business’s stock in a transaction that occurred on Wednesday, November 22nd. The stock was bought at an average price of GBX 141 ($1.91) per share, with a total value of £5,851.50 ($7,935.31).
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Anglo Pacific Group Company Profile
Anglo Pacific Group PLC (Anglo Pacific) is a United Kingdom-based company, which focuses on royalties connected with the mining of natural resources. The Company’s producing royalties include Kestrel, Narrabri, Maracas Menchen, El Valle- Boinas/Carles (EVBC) and Four Mile. The Company’s development royalties include Salamanca, Groundhog, and Amapa & Tucano.
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