Acacia Mining PLC (ACA) Earns “Buy” Rating from Deutsche Bank AG
Several other research analysts have also weighed in on ACA. Canaccord Genuity restated a sell rating and set a GBX 505 ($6.31) price objective on shares of Acacia Mining PLC in a research note on Friday, October 21st. 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 research note on Friday, September 16th. Barclays PLC restated an equal weight rating on shares of Acacia Mining PLC in a research note on Thursday, November 10th. Beaufort Securities restated a buy rating on shares of Acacia Mining PLC in a research note on Monday, October 24th. Finally, Investec upgraded shares of Acacia Mining PLC to a buy rating in a research note on Tuesday, July 19th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of GBX 364.65 ($4.56).
Acacia Mining PLC (LON:ACA) opened at 455.60 on Tuesday. The firm’s market cap is GBX 1.86 billion. The company has a 50-day moving average of GBX 491.67 and a 200 day moving average of GBX 464.27. Acacia Mining PLC has a 52-week low of GBX 154.00 and a 52-week high of GBX 615.00.
About Acacia Mining PLC
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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