Amerisur Resources plc (AMER) Given Consensus Rating of “Hold” by Brokerages

Amerisur Resources plc (LON:AMER) has been assigned a consensus rating of “Hold” from the five analysts that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 25.75 ($0.34).

A number of brokerages have weighed in on AMER. Peel Hunt reaffirmed a “hold” rating and issued a GBX 20 ($0.26) price target on shares of Amerisur Resources plc in a research note on Monday, October 2nd. Barclays PLC cut their price target on shares of Amerisur Resources plc from GBX 26 ($0.34) to GBX 21 ($0.28) and set an “equal weight” rating on the stock in a research note on Thursday, September 28th.

In other Amerisur Resources plc news, insider Dana Coffield acquired 151,000 shares of the stock in a transaction dated Monday, October 30th. The shares were bought at an average cost of GBX 20 ($0.26) per share, for a total transaction of £30,200 ($39,852.20). Also, insider John Wardle acquired 1,200,000 shares of the stock in a transaction dated Monday, September 25th. The stock was acquired at an average price of GBX 17 ($0.22) per share, for a total transaction of £204,000 ($269,200.32). Insiders bought 1,851,000 shares of company stock worth $32,920,000 over the last quarter.

Shares of Amerisur Resources plc (LON AMER) traded up GBX 2.25 ($0.03) on Wednesday, reaching GBX 22 ($0.29). 6,951,483 shares of the company’s stock were exchanged, compared to its average volume of 1,660,000. Amerisur Resources plc has a 1 year low of GBX 14.50 ($0.19) and a 1 year high of GBX 30.25 ($0.40).

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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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