Barclays PLC Trims Amerisur Resources plc (AMER) Target Price to GBX 21
Amerisur Resources plc (LON:AMER) had its target price lowered by Barclays PLC from GBX 26 ($0.35) to GBX 21 ($0.28) in a report issued on Thursday morning. Barclays PLC currently has an equal weight rating on the stock.
AMER has been the topic of a number of other reports. Peel Hunt reaffirmed a hold rating and set a GBX 20 ($0.27) price objective on shares of Amerisur Resources plc in a report on Friday, September 8th. Macquarie cut their price objective on shares of Amerisur Resources plc from GBX 29 ($0.39) to GBX 27 ($0.36) and set a neutral rating on the stock in a report on Wednesday, June 21st. Finally, Shore Capital reaffirmed a house stock rating on shares of Amerisur Resources plc in a report on Monday, June 12th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of GBX 29.60 ($0.40).
Shares of Amerisur Resources plc (LON:AMER) opened at 20.75 on Thursday. The firm has a 50-day moving average of GBX 16.32 and a 200-day moving average of GBX 20.50. Amerisur Resources plc has a 52 week low of GBX 14.50 and a 52 week high of GBX 32.75. The firm’s market cap is GBX 251.74 million.
In other Amerisur Resources plc news, insider John Wardle acquired 1,200,000 shares of the company’s stock in a transaction on Monday, September 25th. The shares were acquired at an average cost of GBX 17 ($0.23) per share, with a total value of £204,000 ($274,341.04).
Amerisur Resources plc Company Profile
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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