ACG Acquisition’s (ACG) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of ACG Acquisition (LON:ACG) in a report released on Tuesday morning, Marketbeat reports. The brokerage currently has a GBX 2,300 price target on the stock.

Several other brokerages have also issued reports on ACG. Canaccord Genuity Group increased their price target on ACG Acquisition from GBX 2,040 to GBX 2,170 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Stifel Nicolaus restated a “buy” rating and set a GBX 2,350 price objective on shares of ACG Acquisition in a report on Tuesday, April 21st. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of GBX 2,273.33.

ACG Acquisition Price Performance

Shares of ACG opened at GBX 1,900 on Tuesday. ACG Acquisition has a one year low of GBX 620 and a one year high of GBX 2,080. The company has a market cap of £439.72 million and a PE ratio of -9.31. The stock has a 50-day moving average of GBX 1,709.53 and a 200-day moving average of GBX 1,535.63.

ACG Acquisition Company Profile

ACG Metals is a company with a vision to build a global, high-margin, copper-focused producer with safe, efficient, and sustainable operations.
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 39.2koz of AuEq in 2025.
ACG’s team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector.