Anglo Pacific Group (LON:APF) Rating Reiterated By Berenberg Bank

Anglo Pacific Group (LON:APF – Get Rating)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a report released on Thursday, Marketbeat reports. They presently have a GBX 390 ($4.71) target price on the stock. Berenberg Bank’s target price would indicate a potential upside of 146.21% from the stock’s previous close.

Several other analysts have also recently issued reports on APF. Beaufort Securities reduced their price target on shares of Anglo Pacific Group from GBX 400 ($4.83) to GBX 390 ($4.71) and set a “buy” rating on the stock in a research report on Thursday, July 28th. Royal Bank of Canada reduced their price target on shares of Anglo Pacific Group from GBX 340 ($4.11) to GBX 320 ($3.87) and set an “outperform” rating on the stock in a research report on Tuesday, August 2nd. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 288 ($3.48).

Shares of APF stock opened at GBX 158.40 ($1.91) on Thursday. The company has a debt-to-equity ratio of 31.58, a current ratio of 4.85 and a quick ratio of 4.81. The firm has a market cap of £408.44 million and a PE ratio of 1,043.57. The company has a 50-day moving average of GBX 152.09 and a two-hundred day moving average of GBX 159.66. Anglo Pacific Group has a 1-year low of GBX 119.41 ($1.44) and a 1-year high of GBX 192.67 ($2.33).

About Anglo Pacific Group

Anglo Pacific Group plc operates as a natural resources royalty and streaming company. The company has royalties and investments in mining and exploration interests in cobalt, coking coal, iron ore, copper, vanadium, uranium, and gold primarily in Australia, North and South America, and Europe. Anglo Pacific Group plc was incorporated in 1967 and is headquartered in London, the United Kingdom.

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