Anglo Pacific Group (LON:APF) Receives Buy Rating From Berenberg Bank

Anglo Pacific Group (LON:APF – Get Rating)‘s stock had its “buy” rating restated by Berenberg Bank in a note issued to investors on Tuesday, reports.
Separately, Royal Bank of Canada reaffirmed an “outperform” rating and issued a GBX 245 ($2.97) target price on shares of Anglo Pacific Group in a report on Thursday, March 24th.
Shares of LON APF traded down GBX 4.60 ($0.06) during trading hours on Tuesday, hitting GBX 150.20 ($1.82). 213,693 shares of the stock were exchanged, compared to its average volume of 528,938. The company’s fifty day simple moving average is GBX 170.54 and its two-hundred day simple moving average is GBX 154.07. The company has a market cap of £321.10 million and a PE ratio of 10.43. The company has a debt-to-equity ratio of 31.58, a quick ratio of 4.81 and a current ratio of 4.85. Anglo Pacific Group has a 1-year low of GBX 119.41 ($1.45) and a 1-year high of GBX 192.67 ($2.34).
In other news, insider Patrick Meier sold 28,024 shares of the company’s stock in a transaction on Wednesday, March 30th. The shares were sold at an average price of GBX 174 ($2.11), for a total transaction of £48,761.76 ($59,184.08).
Anglo Pacific Group Company Profile (Get Rating)
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.