Pan African Resources (LON:PAF) Price Target Lowered to GBX 181 at Berenberg Bank

Pan African Resources (LON:PAFFree Report) had its price target reduced by Berenberg Bank from GBX 190 to GBX 181 in a research note issued to investors on Tuesday, MarketBeat.com reports. They currently have a buy rating on the stock.

Separately, Canaccord Genuity Group boosted their price objective on Pan African Resources from GBX 135 to GBX 160 and gave the company a “buy” rating in a research report on Thursday, February 5th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 170.50.

Check Out Our Latest Analysis on Pan African Resources

Pan African Resources Price Performance

LON:PAF opened at GBX 160.40 on Tuesday. The company has a current ratio of 0.98, a quick ratio of 0.74 and a debt-to-equity ratio of 20.15. The stock has a 50 day moving average of GBX 143.66 and a 200-day moving average of GBX 110.11. The firm has a market capitalization of £3.25 billion, a PE ratio of 13.41, a price-to-earnings-growth ratio of 8.95 and a beta of 0.66. Pan African Resources has a 52 week low of GBX 34.55 and a 52 week high of GBX 185.

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