FinnCap reaffirmed their buy rating on shares of Pan African Resources plc (LON:PAF) in a research note issued to investors on Tuesday. The firm currently has a GBX 24 ($0.31) target price on the stock.

A number of other analysts have also recently issued reports on the company. Peel Hunt reissued a buy rating and set a GBX 20 ($0.26) price objective on shares of Pan African Resources plc in a research report on Friday, June 9th. Shore Capital reissued a not rated rating on shares of Pan African Resources plc in a research report on Monday, June 26th. Finally, Numis Securities Ltd reduced their price objective on Pan African Resources plc from GBX 30 ($0.39) to GBX 28 ($0.36) and set a buy rating for the company in a research report on Friday, July 21st. Five analysts have rated the stock with a buy rating, Pan African Resources plc currently has an average rating of Buy and a consensus price target of GBX 22.60 ($0.29).

Pan African Resources plc (LON:PAF) opened at 13.75 on Tuesday. Pan African Resources plc has a 52-week low of GBX 12.25 and a 52-week high of GBX 22.50. The company’s 50-day moving average price is GBX 13.90 and its 200 day moving average price is GBX 15.00. The stock’s market capitalization is GBX 207.19 million.

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About Pan African Resources plc

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