Pan African Resources plc (LON:PAF)‘s stock had its “buy” rating reaffirmed by research analysts at Peel Hunt in a note issued to investors on Tuesday. They presently have a GBX 20 ($0.26) price target on the stock. Peel Hunt’s target price points to a potential upside of 45.45% from the stock’s current price.

Other equities analysts have also issued reports about the company. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 28 ($0.36) price target on shares of Pan African Resources plc in a research note on Friday, August 25th. Shore Capital reaffirmed a “not rated” rating on shares of Pan African Resources plc in a research note on Monday, June 26th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of GBX 22.60 ($0.29).

Pan African Resources plc (PAF) opened at 14.25 on Tuesday. Pan African Resources plc has a 1-year low of GBX 12.25 and a 1-year high of GBX 22.50. The firm’s market capitalization is GBX 214.73 million. The company has a 50-day moving average price of GBX 13.64 and a 200 day moving average price of GBX 15.22.

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About Pan African Resources plc

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