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

ACG Acquisition (LON:ACG)‘s stock had its “buy” rating reaffirmed by Berenberg Bank in a research note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 2,300 price target on the stock. Berenberg Bank‘s price target suggests a potential upside of 36.09% from the company’s previous close.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 2,295 price target on shares of ACG Acquisition in a research report on Tuesday, November 3rd. Three research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 2,315.

ACG Acquisition Price Performance

ACG Acquisition stock opened at GBX 1,690 on Wednesday. The stock’s 50-day moving average is GBX 1,884.22 and its 200-day moving average is GBX 1,726.78. The company has a market cap of £392.62 million and a price-to-earnings ratio of -3.72. ACG Acquisition has a 12 month low of GBX 1,000 and a 12 month high of GBX 2,102.93.

ACG Acquisition (LON:ACG) last issued 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%.

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.