Peel Hunt Lowers Amerisur Resources plc (LON:AMER) Price Target to GBX 20
Amerisur Resources plc (LON:AMER) had its price objective decreased by Peel Hunt from GBX 25 ($0.33) to GBX 20 ($0.26) in a report released on Friday. Peel Hunt currently has a hold rating on the stock.
Several other research analysts have also issued reports on AMER. Barclays PLC lowered shares of Amerisur Resources plc to an equal weight rating and cut their target price for the stock from GBX 29 ($0.38) to GBX 26 ($0.34) in a research note on Thursday, June 22nd. Shore Capital reissued a house stock rating on shares of Amerisur Resources plc in a research note on Monday, June 12th. Finally, Macquarie cut their target price on shares of Amerisur Resources plc from GBX 29 ($0.38) to GBX 27 ($0.35) and set a neutral rating on the stock in a research note on Wednesday, June 21st. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Amerisur Resources plc presently has a consensus rating of Hold and an average target price of GBX 30.60 ($0.40).
Shares of Amerisur Resources plc (LON AMER) traded down 4.11% during midday trading on Friday, hitting GBX 17.50. 65,034 shares of the company were exchanged. The firm’s market capitalization is GBX 212.31 million. The firm’s 50 day moving average price is GBX 20.63 and its 200 day moving average price is GBX 23.22. Amerisur Resources plc has a one year low of GBX 16.50 and a one year high of GBX 32.75.
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About Amerisur Resources plc
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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