ACG Acquisition (LON:ACG) Receives “Buy” Rating from Berenberg Bank

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

Other equities analysts have also issued reports about the stock. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 2,170 price target on shares of ACG Acquisition in a research report on Tuesday, July 14th. Stifel Nicolaus restated a “buy” rating and set a GBX 2,350 target price on shares of ACG Acquisition in a research report on Tuesday, April 21st. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 2,273.33.

ACG Acquisition Stock Performance

ACG opened at GBX 1,910 on Friday. The stock has a fifty day moving average of GBX 1,745.07 and a 200-day moving average of GBX 1,566.29. The company has a market capitalization of £442.03 million and a P/E ratio of -9.36. ACG Acquisition has a fifty-two week low of GBX 620 and a fifty-two week high of GBX 2,080.

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.