Acacia Mining PLC (LON:ACA) Receives GBX 196.78 Consensus Price Target from Analysts

Acacia Mining PLC (LON:ACA) has earned an average recommendation of “Hold” from the eight analysts that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is GBX 196.78 ($2.57).

Several research firms have commented on ACA. Peel Hunt reaffirmed a “buy” rating on shares of Acacia Mining in a research report on Monday, August 12th. Berenberg Bank increased their price objective on shares of Acacia Mining from GBX 224 ($2.93) to GBX 228 ($2.98) and gave the company a “hold” rating in a research report on Tuesday, July 30th.

Shares of ACA stock remained flat at $GBX 234 ($3.06) during mid-day trading on Thursday. The firm has a market cap of $959.60 million and a PE ratio of 468.00. The company has a fifty day moving average price of GBX 234 and a 200-day moving average price of GBX 205.77. Acacia Mining has a 52-week low of GBX 137 ($1.79) and a 52-week high of GBX 275 ($3.59). The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.60 and a current ratio of 1.43.

Acacia Mining Company Profile

Acacia Mining plc, together with its subsidiaries, mines, processes, and sells gold in Africa. The company has three gold mines in north-west Tanzania, including Bulyanhulu, Buzwagi, and North Mara; and a portfolio of exploration projects at various stages of development in Tanzania, Kenya, Burkina Faso, and Mali.

Read More: Blue-Chip Stocks

Analyst Recommendations for Acacia Mining (LON:ACA)

Receive News & Ratings for Acacia Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acacia Mining and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit