Anglo Pacific Group (APF) Price Target Raised to GBX 195 at Canaccord Genuity
Anglo Pacific Group (LON:APF) had its price target hoisted by analysts at Canaccord Genuity from GBX 185 ($2.51) to GBX 195 ($2.64) in a research report issued to clients and investors on Monday. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity’s price objective would indicate a potential upside of 24.20% from the stock’s current price.
Several other research firms have also recently commented on APF. Peel Hunt cut Anglo Pacific Group to a “hold” rating and boosted their target price for the stock from GBX 154 ($2.09) to GBX 161 ($2.18) in a research report on Wednesday, January 10th. Shore Capital reiterated a “not rated” rating on shares of Anglo Pacific Group in a report on Tuesday, November 28th. Finally, Macquarie reiterated an “outperform” rating and issued a GBX 185 ($2.51) price objective on shares of Anglo Pacific Group in a report on Tuesday, October 10th. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company. Anglo Pacific Group presently has an average rating of “Buy” and an average price target of GBX 174.50 ($2.37).
Anglo Pacific Group (LON:APF) opened at GBX 157 ($2.13) on Monday. Anglo Pacific Group has a 52-week low of GBX 101 ($1.37) and a 52-week high of GBX 165 ($2.24). The company has a market capitalization of $280.12 and a PE ratio of 923.53.
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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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