Canaccord Genuity Initiates Coverage on Anglo Pacific Group plc (APF)
Canaccord Genuity began coverage on shares of Anglo Pacific Group plc (LON:APF) in a note issued to investors on Thursday. The firm set a “buy” rating and a GBX 185 ($2.43) price target on the stock. Canaccord Genuity’s price objective would suggest a potential upside of 30.51% from the stock’s current price.
A number of other equities analysts have also recently issued reports on APF. FinnCap reissued a “buy” rating and issued a GBX 150 ($1.97) target price on shares of Anglo Pacific Group plc in a report on Wednesday, August 23rd. Peel Hunt reissued a “buy” rating and issued a GBX 156 ($2.05) target price on shares of Anglo Pacific Group plc in a report on Wednesday, August 23rd. Finally, Macquarie reissued an “outperform” rating and issued a GBX 185 ($2.43) target price on shares of Anglo Pacific Group plc in a report on Thursday, August 24th. Four investment analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and an average price target of GBX 169.50 ($2.23).
Anglo Pacific Group plc (LON APF) opened at GBX 141.75 ($1.86) on Thursday. Anglo Pacific Group plc has a twelve month low of GBX 101 ($1.33) and a twelve month high of GBX 145.50 ($1.91).
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About Anglo Pacific Group plc
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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