ACG Acquisition’s (ACG) Buy Rating Reiterated at Berenberg Bank

ACG Acquisition (LON:ACG)‘s stock had its “buy” rating reiterated by analysts at Berenberg Bank in a research note issued on Tuesday, Digital Look reports. They presently have a GBX 2,300 price target on the stock. Berenberg Bank‘s price objective points to a potential upside of 38.22% from the company’s previous close.

Separately, Canaccord Genuity Group cut their price target on ACG Acquisition from GBX 2,370 to GBX 2,295 and set a “buy” rating on the stock in a research report on Thursday, September 17th. Three equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat, ACG Acquisition currently has an average rating of “Buy” and an average target price of GBX 2,315.

ACG Acquisition Stock Performance

ACG opened at GBX 1,663.96 on Tuesday. The business’s 50-day simple moving average is GBX 1,926.60 and its 200-day simple moving average is GBX 1,715.38. ACG Acquisition has a one year low of GBX 1,000 and a one year high of GBX 2,102.93. The stock has a market capitalization of £385.12 million and a P/E ratio of -3.67.

ACG Acquisition (LON:ACG) last posted its earnings results on Thursday, September 17th. The company reported GBX (1.70) earnings per share for the quarter. ACG Acquisition had a negative net margin of 68.97% and a negative return on equity of 381.58%.

About ACG Acquisition

ACG Metals is a company with a vision to build a global, high-margin, copper-focused producer with safe, efficient, and sustainable operations.
In September 2024, ACG successfully completed the acquisition of the Gediktepe Mine which is expected to transition to primary copper and zinc production from 2026 and will target annual steady-state copper equivalent production of 20-25 kt. Gediktepe produced 39.2koz of AuEq in 2025.
ACG’s team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector.