Pan African Resources (LON:PAF – Get Free Report) had its target price raised by research analysts at Canaccord Genuity Group from GBX 135 to GBX 160 in a note issued to investors on Thursday, MarketBeat Ratings reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective indicates a potential upside of 13.96% from the company’s previous close.
Separately, Berenberg Bank restated a “buy” rating and set a GBX 112 target price on shares of Pan African Resources in a research note on Thursday, November 27th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 136.
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