ACG Acquisition’s (ACG) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of ACG Acquisition (LON:ACG) in a research note released on Tuesday,Digital Look reports. They currently have a GBX 2,295 price target on the stock.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,300 price target on shares of ACG Acquisition in a research report on Tuesday. Three research analysts have rated the stock with a Buy rating. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of GBX 2,315.

ACG Acquisition Price Performance

Shares of LON ACG opened at GBX 1,740 on Tuesday. ACG Acquisition has a 1 year low of GBX 1,000 and a 1 year high of GBX 2,102.93. The company’s 50-day moving average is GBX 1,905.50 and its 200 day moving average is GBX 1,722.08. The stock has a market capitalization of £402.72 million and a P/E ratio of -3.83.

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

ACG Acquisition Company Profile

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.