AG.L’s (AG) “Buy” Rating Reiterated at Berenberg Bank

AG.L (LON:AG)‘s stock had its “buy” rating reiterated by investment analysts at Berenberg Bank in a research report issued on Thursday,London Stock Exchange reports. They currently have a GBX 800 target price on the stock.

AG has been the subject of several other reports. Shore Capital Group restated a “house stock” rating on shares of AG.L in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 800 price objective on shares of AG.L in a research note on Wednesday. Finally, Peel Hunt reissued a “buy” rating and set a GBX 800 target price on shares of AG.L in a research report on Tuesday. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, AG.L currently has a consensus rating of “Buy” and an average price target of GBX 800.

AG.L Stock Performance

AG.L Company Profile

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. Production from these mines are projected to be between 12.5 to 13.9 million silver ounces or 20.6 to 22.9 million silver equivalent ounces in 2021.