Amerisur Resources plc (LON:AMER) had its price target hoisted by Peel Hunt from GBX 24 ($0.31) to GBX 25 ($0.33) in a report released on Tuesday. The firm currently has a hold rating on the stock.

Other research analysts have also issued reports about the stock. Royal Bank Of Canada restated an outperform rating and issued a GBX 45 ($0.59) price objective on shares of Amerisur Resources plc in a research note on Tuesday. Shore Capital reaffirmed a house stock rating on shares of Amerisur Resources plc in a report on Friday, June 17th. Barclays PLC lifted their target price on shares of Amerisur Resources plc from GBX 34 ($0.44) to GBX 36 ($0.47) and gave the company an equal weight rating in a report on Wednesday, July 13th. Finally, Macquarie reaffirmed a neutral rating and issued a GBX 27 ($0.35) target price on shares of Amerisur Resources plc in a report on Friday, September 16th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 33.40 ($0.44).

Analyst Recommendations for Amerisur Resources plc (LON:AMER)

Amerisur Resources plc (LON:AMER) traded down 0.08% during mid-day trading on Tuesday, reaching GBX 24.98. 1,079,707 shares of the company’s stock were exchanged. Amerisur Resources plc has a 1-year low of GBX 16.68 and a 1-year high of GBX 34.18. The stock’s market capitalization is GBX 301.84 million. The firm’s 50-day moving average is GBX 24.99 and its 200 day moving average is GBX 26.77.

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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