Peel Hunt restated their hold rating on shares of Amerisur Resources (LON:AMER) in a research note published on Thursday morning. The firm currently has a GBX 20 ($0.27) target price on the stock.

Separately, Barclays lowered their price objective on shares of Amerisur Resources from GBX 26 ($0.35) to GBX 21 ($0.28) and set an equal weight rating on the stock in a report on Thursday, September 28th.

Amerisur Resources (LON AMER) opened at GBX 19.64 ($0.26) on Thursday. Amerisur Resources has a 1-year low of GBX 14.50 ($0.19) and a 1-year high of GBX 29.75 ($0.40). The firm has a market cap of $237.98 and a price-to-earnings ratio of -1,964.00.

In other news, insider Alex Snow bought 500,000 shares of Amerisur Resources stock in a transaction dated Monday, October 23rd. The stock was purchased at an average price of GBX 19 ($0.25) per share, for a total transaction of £95,000 ($127,022.33). Also, insider Dana Coffield bought 151,000 shares of Amerisur Resources stock in a transaction dated Monday, October 30th. The stock was purchased at an average price of GBX 20 ($0.27) per share, with a total value of £30,200 ($40,379.73).

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Amerisur Resources 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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