Peel Hunt Boosts Anglo Pacific Group (LON:APF) Price Target to GBX 245

Anglo Pacific Group (LON:APF) had its price target raised by Peel Hunt from GBX 235 ($3.07) to GBX 245 ($3.20) in a research note released on Thursday, ThisIsMoney.Co.Uk reports. They currently have a buy rating on the stock.

A number of other research firms have also recently commented on APF. Peel Hunt reiterated a buy rating and set a GBX 235 ($3.07) target price on shares of Anglo Pacific Group in a research report on Monday, September 16th. Bank of America reiterated a buy rating on shares of Anglo Pacific Group in a research report on Wednesday, October 9th. Berenberg Bank lifted their target price on Anglo Pacific Group from GBX 226 ($2.95) to GBX 235 ($3.07) and gave the stock a buy rating in a research report on Friday, September 20th. Finally, Shore Capital reiterated a not rated rating on shares of Anglo Pacific Group in a research report on Monday, September 2nd. Five analysts have rated the stock with a buy rating, The stock has an average rating of Buy and a consensus target price of GBX 235 ($3.07).

LON APF traded down GBX 1.50 ($0.02) during trading on Thursday, reaching GBX 186 ($2.43). 121,767 shares of the company’s stock were exchanged, compared to its average volume of 164,589. The stock has a market cap of $342.07 million and a P/E ratio of 7.32. The company has a debt-to-equity ratio of 3.81, a quick ratio of 2.52 and a current ratio of 2.52. The company has a 50 day moving average price of GBX 198.03 and a two-hundred day moving average price of GBX 202.92. Anglo Pacific Group has a 1 year low of GBX 131 ($1.71) and a 1 year high of GBX 229 ($2.99).

In related news, insider Robert Stan purchased 15,250 shares of the company’s stock in a transaction that occurred on Wednesday, September 4th. The shares were purchased at an average price of GBX 192 ($2.51) per share, for a total transaction of £29,280 ($38,259.51). Also, insider Graeme Dacomb purchased 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The stock was bought at an average price of GBX 193 ($2.52) per share, for a total transaction of £19,300 ($25,218.87).

Anglo Pacific Group Company Profile

Anglo Pacific Group plc operates as a natural resources royalty company. The company, together with its subsidiaries, engages in securing natural resources royalties by acquisition and through investment in mining and exploration interests in coking and thermal coal, vanadium, gold, uranium, anthracite, nickel-cobalt, chromite, iron ore, copper, and silver.

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Analyst Recommendations for Anglo Pacific Group (LON:APF)

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