Anglo Pacific Group (LON:APF)‘s stock had its “buy” rating restated by equities researchers at Canaccord Genuity in a note issued to investors on Wednesday. They currently have a GBX 195 ($2.73) price target on the stock. Canaccord Genuity’s price objective would indicate a potential upside of 31.76% from the company’s current price.

Several other brokerages also recently issued reports on APF. Peel Hunt reiterated a “buy” rating and issued a GBX 151 ($2.12) price target on shares of Anglo Pacific Group in a report on Thursday, November 9th. Macquarie reissued an “outperform” rating and issued a GBX 185 ($2.59) price objective on shares of Anglo Pacific Group in a research report on Tuesday, October 10th. Finally, Shore Capital reissued a “not rated” rating on shares of Anglo Pacific Group in a research report on Tuesday, November 28th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 174.50 ($2.45).

Shares of Anglo Pacific Group (APF) opened at GBX 148 ($2.08) on Wednesday. Anglo Pacific Group has a twelve month low of GBX 101 ($1.42) and a twelve month high of GBX 165 ($2.31). The stock has a market capitalization of $267.74 and a price-to-earnings ratio of 870.59.

In other news, insider Robert Stan acquired 4,150 shares of the firm’s stock in a transaction on Wednesday, November 22nd. The stock was bought at an average cost of GBX 141 ($1.98) per share, with a total value of £5,851.50 ($8,204.57).

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About Anglo Pacific Group

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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