Anglo Pacific Group (APF) Cut to Hold at Peel Hunt

Peel Hunt downgraded shares of Anglo Pacific Group (LON:APF) to a hold rating in a research note released on Wednesday morning. The brokerage currently has GBX 161 ($2.18) target price on the stock, up from their prior target price of GBX 154 ($2.09).

Several other research firms have also recently weighed in on APF. Canaccord Genuity initiated coverage on shares of Anglo Pacific Group in a report on Thursday, November 23rd. They issued a buy rating and a GBX 185 ($2.51) price target on the stock. FinnCap reissued a buy rating and issued a GBX 157 ($2.13) price target on shares of Anglo Pacific Group in a report on Tuesday, September 12th. Macquarie reissued an outperform rating and issued a GBX 185 ($2.51) price target on shares of Anglo Pacific Group in a report on Thursday, September 14th. Finally, Shore Capital reissued a not rated rating on shares of Anglo Pacific Group in a report on Tuesday, November 28th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has an average rating of Buy and a consensus price target of GBX 172 ($2.33).

Anglo Pacific Group (LON APF) traded down GBX 1 ($0.01) during trading on Wednesday, reaching GBX 161.50 ($2.19). 103,863 shares of the company’s stock traded hands, compared to its average volume of 108,452. The company has a market cap of $292.16 and a PE ratio of 950.00. Anglo Pacific Group has a 52-week low of GBX 101 ($1.37) and a 52-week high of GBX 165 ($2.24).

In other Anglo Pacific Group news, insider Robert Stan bought 4,150 shares of the firm’s stock in a transaction on Wednesday, November 22nd. The shares were purchased at an average price of GBX 141 ($1.91) per share, for a total transaction of £5,851.50 ($7,935.31).

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Anglo Pacific Group Company Profile

Anglo Pacific Group PLC (Anglo Pacific) is a United Kingdom-based company, which focuses on royalties connected with the mining of natural resources. The Company’s producing royalties include Kestrel, Narrabri, Maracas Menchen, El Valle- Boinas/Carles (EVBC) and Four Mile. The Company’s development royalties include Salamanca, Groundhog, and Amapa & Tucano.

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