ACG Acquisition’s (ACG) Buy Rating Reaffirmed at Stifel Nicolaus

Stifel Nicolaus reaffirmed their buy rating on shares of ACG Acquisition (LON:ACG) in a report issued on Tuesday,Digital Look reports. The brokerage currently has a GBX 2,350 target price on the stock.

Other equities analysts have also issued research reports about the stock. Canaccord Genuity Group upped their price target on shares of ACG Acquisition from GBX 2,040 to GBX 2,170 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,100 price target on shares of ACG Acquisition in a research report on Friday, April 17th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, ACG Acquisition has a consensus rating of “Buy” and an average price target of GBX 2,206.67.

ACG Acquisition Stock Performance

Shares of ACG stock opened at GBX 1,650 on Tuesday. ACG Acquisition has a one year low of GBX 420 and a one year high of GBX 1,790. The company has a 50 day moving average price of GBX 1,435.74 and a 200 day moving average price of GBX 1,276.48. The firm has a market capitalization of £381.51 million and a price-to-earnings ratio of 33.67.

ACG Acquisition Company Profile

ACG Metals is a company with a vision to consolidate the copper industry through a series of roll-up acquisitions, with best-in-class ESG and carbon footprint characteristics.

In September 2024, ACG successfully completed the acquisition of the Gediktepe Mine which is expected to transition to primary copper and zinc production from 2026 and will target annual steady-state copper equivalent production of 20-25 kt. Gediktepe produced 55koz of AuEq in 2024.

ACG’s team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector.