Canaccord Genuity Group Reiterates Buy Rating for AG.L (LON:AG)

AG.L (LON:AG)‘s stock had its “buy” rating restated by equities researchers at Canaccord Genuity Group in a report released on Friday,London Stock Exchange reports. They presently have a GBX 800 target price on the stock.

Several other brokerages have also recently commented on AG. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 760 price target on shares of AG.L in a research report on Wednesday, July 30th. Shore Capital restated a “house stock” rating on shares of AG.L in a report on Tuesday, July 29th. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 750 price objective on shares of AG.L in a research report on Tuesday, September 30th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 770.

AG.L Price Performance

About AG.L

First Majestic is a publicly traded mining company focused on silver production in Mexico and is aggressively pursuing the development of its existing mineral property assets. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine.