Pan African Resources’ (PAF) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Pan African Resources (LON:PAF) in a research report released on Monday morning, Marketbeat reports. The firm currently has a GBX 154 target price on the stock.

Separately, Canaccord Genuity Group increased their price target on Pan African Resources from GBX 135 to GBX 160 and gave the stock a “buy” rating in a report on Thursday, February 5th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 157.

Pan African Resources Stock Performance

Shares of PAF opened at GBX 137.20 on Monday. Pan African Resources has a one year low of GBX 33 and a one year high of GBX 152.60. The company has a market cap of £2.78 billion, a PE ratio of 19.16, a P/E/G ratio of 8.95 and a beta of 0.89. The stock has a 50-day moving average of GBX 123.29 and a 200-day moving average of GBX 94.92. The company has a debt-to-equity ratio of 35.80, a current ratio of 0.78 and a quick ratio of 0.74.

Pan African Resources Company Profile