Anglo Pacific Group (LON:APF) Price Target Raised To GBX 180
Anglo Pacific Group (LON:APF) had its price objective hoisted by Berenberg Bank from GBX 170 ($2.29) to GBX 180 ($2.43) in a research note released on Thursday. Berenberg Bank currently has a buy rating on the stock.
Several other equities analysts have also recently issued reports on the company. Royal Bank of Canada reiterated an outperform rating and issued a GBX 220 ($2.96) price target on shares of Anglo Pacific Group in a report on Friday, November 12th. Peel Hunt reiterated a buy rating and issued a GBX 170 ($2.29) price target on shares of Anglo Pacific Group in a report on Monday, October 25th. Finally, Peel Hunt restated a buy rating and set a GBX 170 ($2.29) target price on shares of Anglo Pacific Group in a report on Monday, October 25th.
Anglo Pacific Group stock opened at GBX 138.80 ($1.87) on Thursday. The business’s 50-day simple moving average is GBX 131.11 and its 200 day simple moving average is GBX 133.39. The stock has a market cap of £296.73 million and a price-to-earnings ratio of -81.65. Anglo Pacific Group has a 12-month low of GBX 119.41 ($1.61) and a 12-month high of GBX 162 ($2.18). The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 34.74.
In other Anglo Pacific Group news, insider Robert Stan purchased 12,350 shares of the company’s stock in a transaction dated Wednesday, January 5th. The shares were bought at an average price of GBX 137 ($1.85) per share, with a total value of £16,919.50 ($22,799.49). Also, insider Julian Treger sold 115,000 shares of the firm’s stock in a transaction dated Thursday, December 16th. The stock was sold at an average price of GBX 128 ($1.72), for a total value of £147,200 ($198,356.02). In the last 90 days, insiders have sold 248,000 shares of company stock worth $32,010,000.
Anglo Pacific Group Company Profile
Anglo Pacific Group plc operates as a natural resources royalty and streaming company. The company, together with its subsidiaries, engages in securing natural resources royalties and streams by acquisition and through investment in mining and exploration interests in coking and thermal coal, cobalt, iron ore, copper, vanadium, uranium, gold, silver, nickel, and anthracite properties primarily in Australia, North and South America, and Europe.
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