AG.L (LON:AG) Given Buy Rating at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of AG.L (LON:AG) in a research note released on Monday morning,London Stock Exchange reports. The brokerage currently has a GBX 800 target price on the stock.

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of AG.L in a report on Tuesday, February 3rd. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 777.50.

AG.L Stock Performance

About AG.L

First Majestic is a publicly traded mining company focused on silver production in Mexico and is aggressively pursuing the development of its existing mineral property assets. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine. Production from these mines are projected to be between 12.5 to 13.9 million silver ounces or 20.6 to 22.9 million silver equivalent ounces in 2021.