Anglo Pacific Group (LON:APF) Given Buy Rating at Berenberg Bank

Anglo Pacific Group (LON:APF – Get Rating)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a research note issued on Monday, Marketbeat.com reports. They currently have a GBX 260 ($3.21) price target on the stock. Berenberg Bank’s price target would indicate a potential upside of 58.73% from the company’s previous close.

Separately, Royal Bank of Canada restated an “outperform” rating and issued a GBX 245 ($3.02) target price on shares of Anglo Pacific Group in a report on Thursday, March 24th.

Shares of Anglo Pacific Group stock opened at GBX 163.80 ($2.02) on Monday. The company has a debt-to-equity ratio of 34.74, a quick ratio of 1.36 and a current ratio of 1.36. Anglo Pacific Group has a 52-week low of GBX 119.41 ($1.47) and a 52-week high of GBX 192.67 ($2.38). The stock has a market capitalization of £350.17 million and a price-to-earnings ratio of -91.67. The company’s 50 day moving average price is GBX 172.21 and its 200-day moving average price is GBX 148.49.

In other Anglo Pacific Group news, insider Patrick Meier sold 28,024 shares of the firm’s stock in a transaction on Wednesday, March 30th. The stock was sold at an average price of GBX 174 ($2.15), for a total transaction of £48,761.76 ($60,118.06). Also, insider Julian Treger sold 700,000 shares of the firm’s stock in a transaction on Friday, February 11th. The shares were sold at an average price of GBX 144 ($1.78), for a total value of £1,008,000 ($1,242,756.75). Insiders sold 755,656 shares of company stock valued at $109,434,128 in the last ninety days.

Anglo Pacific Group Company Profile (Get Rating)

Anglo Pacific Group plc operates as a natural resources royalty and streaming company. The company has royalties and investments in mining and exploration interests in cobalt, coking coal, iron ore, copper, vanadium, uranium, and gold primarily in Australia, North and South America, and Europe. Anglo Pacific Group plc was incorporated in 1967 and is headquartered in London, the United Kingdom.

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