Anglo Pacific Group (APF) Given Buy Rating at Canaccord Genuity
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.
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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