Anglo Pacific Group plc’s (LON:APF) Outperform Rating Reiterated at Macquarie
Anglo Pacific Group plc (LON:APF)‘s stock had its “outperform” rating restated by equities research analysts at Macquarie in a research note issued to investors on Tuesday, June 27th, MarketBeat Ratings reports. They currently have a GBX 185 ($2.40) price target on the stock. Macquarie’s price objective would indicate a potential upside of 74.12% from the stock’s current price.
Several other equities analysts have also recently issued reports on the stock. FinnCap reissued an “under review” rating on shares of Anglo Pacific Group plc in a research report on Wednesday, April 19th. Shore Capital reissued a “not rated” rating on shares of Anglo Pacific Group plc in a research report on Wednesday, May 10th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 156 ($2.02) target price on shares of Anglo Pacific Group plc in a research report on Friday, June 9th.
Shares of Anglo Pacific Group plc (APF) remained flat at GBX 106.25 during mid-day trading on Tuesday. 21,566 shares of the company traded hands. Anglo Pacific Group plc has a 52-week low of GBX 84.00 and a 52-week high of GBX 134.50. The firm has a 50-day moving average of GBX 113.72 and a 200-day moving average of GBX 120.90. The stock’s market capitalization is GBX 179.58 million.
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In other Anglo Pacific Group plc news, insider Julian Treger bought 10,000 shares of Anglo Pacific Group plc stock in a transaction on Wednesday, June 28th. The stock was purchased at an average cost of GBX 111 ($1.44) per share, for a total transaction of £11,100 ($14,378.24). Also, insider Robert Stan bought 8,000 shares of Anglo Pacific Group plc stock in a transaction on Tuesday, May 23rd. The stock was acquired at an average price of GBX 118 ($1.53) per share, with a total value of £9,440 ($12,227.98). Over the last 90 days, insiders have purchased 28,000 shares of company stock valued at $3,164,000.
About Anglo Pacific Group plc
Anglo Pacific Group PLC (Anglo Pacific) is a United Kingdom-based company, which focuses on royalties connected with the mining of natural resources. The Company’s producing royalties include Kestrel, Narrabri, Maracas Menchen, El Valle- Boinas/Carles (EVBC) and Four Mile. The Company’s development royalties include Salamanca, Groundhog, and Amapa & Tucano.
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