ACG Acquisition (LON:ACG) Stock Price Up 4.2% – Here’s What Happened

ACG Acquisition Company Limited (LON:ACG) rose 4.2% on Thursday . The company traded as high as GBX 1,720 and last traded at GBX 1,720. 6,131 shares were traded during trading, a decline of 54% from the average daily volume of 13,417 shares. The stock had previously closed at GBX 1,650.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ACG. Stifel Nicolaus restated a “buy” rating and issued a GBX 2,350 target price on shares of ACG Acquisition in a research note on Tuesday, April 21st. Canaccord Genuity Group lifted their price target on ACG Acquisition from GBX 2,040 to GBX 2,170 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 2,100 price target on shares of ACG Acquisition in a report on Friday, April 17th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 2,206.67.

ACG Acquisition Stock Up 4.2%

The company has a market cap of £397.96 million and a price-to-earnings ratio of -8.43. The company’s 50-day moving average is GBX 1,650.63 and its 200 day moving average is GBX 1,455.84.

About ACG Acquisition

ACG Metals is a company with a vision to build a global, high-margin, copper-focused producer with safe, efficient, and sustainable operations.
In September 2024, ACG successfully completed the acquisition of the Gediktepe Mine which is expected to transition to primary copper and zinc production from 2026 and will target annual steady-state copper equivalent production of 20-25 kt. Gediktepe produced 39.2koz of AuEq in 2025.
ACG’s team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector.