Acacia Mining PLC’s (ACA) “Equal weight” Rating Reiterated at Barclays PLC
Several other brokerages have also issued reports on ACA. Canaccord Genuity restated a sell rating and issued a GBX 505 ($6.31) price objective on shares of Acacia Mining PLC in a report on Friday, October 21st. Jefferies Group restated a buy rating on shares of Acacia Mining PLC in a report on Monday, October 24th. Numis Securities Ltd restated an add rating on shares of Acacia Mining PLC in a report on Tuesday, July 26th. Deutsche Bank AG restated a buy rating and issued a GBX 500 ($6.25) price objective on shares of Acacia Mining PLC in a report on Monday, July 18th. Finally, Panmure Gordon lowered shares of Acacia Mining PLC to a hold rating and set a GBX 400 ($5.00) price objective on the stock. in a report on Friday, September 16th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the stock. Acacia Mining PLC presently has a consensus rating of Hold and a consensus price target of GBX 364.65 ($4.56).
Shares of Acacia Mining PLC (LON:ACA) opened at 459.40 on Thursday. Acacia Mining PLC has a 12-month low of GBX 154.00 and a 12-month high of GBX 615.00. The stock has a 50 day moving average of GBX 495.78 and a 200-day moving average of GBX 462.97. The company’s market capitalization is GBX 1.88 billion.
Acacia Mining PLC Company Profile
Acacia Mining Plc (Acacia), formerly African Barrick Gold Plc, is a gold miner and producer of gold in Africa. The Company is engaged in the mining, processing and sale of gold business. Its segments are North Mara gold mine, Bulyanhulu gold mine, Buzwagi gold mine, and Corporate and Exploration segment.
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