Amerisur Resources plc (LON:AMER) was upgraded by equities researchers at Peel Hunt to a “hold” rating in a report issued on Wednesday. The brokerage currently has a GBX 25 ($0.33) price objective on the stock, down from their prior price objective of GBX 26 ($0.34).

A number of other equities research analysts also recently issued reports on the company. Barclays PLC boosted their price target on Amerisur Resources plc from GBX 30 ($0.39) to GBX 34 ($0.44) and gave the company an “equal weight” rating in a research note on Thursday, June 9th. Macquarie restated a “neutral” rating and set a GBX 27 ($0.35) price target on shares of Amerisur Resources plc in a research note on Friday, September 16th. Finally, Shore Capital restated a “house stock” rating on shares of Amerisur Resources plc in a research note on Tuesday, July 12th. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Amerisur Resources plc has an average rating of “Hold” and an average price target of GBX 30.50 ($0.40).

Shares of Amerisur Resources plc (LON:AMER) opened at 25.00 on Wednesday. The company’s market cap is GBX 302.08 million. Amerisur Resources plc has a 52-week low of GBX 16.68 and a 52-week high of GBX 34.18. The company has a 50-day moving average price of GBX 25.16 and a 200-day moving average price of GBX 26.75.

Amerisur Resources plc Company Profile

Amerisur Resources plc is an independent full-cycle oil and gas company. The Company’s principal activity is investing in oil and gas exploration and development in South America, principally in Paraguay and Colombia. It operates through oil exploration and development segment. It operates in Colombia, Paraguay and the United Kingdom.

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