Acacia Mining (ACA) Stock Rating Lowered by Peel Hunt

Peel Hunt cut shares of Acacia Mining (LON:ACA) to a hold rating in a research report report published on Tuesday, ThisIsMoney.Co.Uk reports.

ACA has been the subject of a number of other research reports. JPMorgan Chase & Co. reissued an underweight rating on shares of Acacia Mining in a report on Tuesday, February 12th. Royal Bank of Canada cut their price target on Acacia Mining from GBX 200 ($2.61) to GBX 190 ($2.48) and set a sector performer rating for the company in a research note on Monday, April 15th. Berenberg Bank reaffirmed a sell rating and set a GBX 214 ($2.80) price target on shares of Acacia Mining in a research note on Monday, April 15th. Shore Capital reaffirmed a not rated rating on shares of Acacia Mining in a research note on Monday, February 11th. Finally, Barclays lifted their price target on Acacia Mining from GBX 225 ($2.94) to GBX 250 ($3.27) and gave the stock an overweight rating in a research note on Friday, April 12th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus target price of GBX 197.13 ($2.58).

Acacia Mining stock opened at GBX 148.70 ($1.94) on Tuesday. Acacia Mining has a one year low of GBX 93.56 ($1.22) and a one year high of GBX 268.20 ($3.50). The company has a debt-to-equity ratio of 3.64, a current ratio of 1.43 and a quick ratio of 0.60. The firm has a market capitalization of $615.46 million and a price-to-earnings ratio of 297.40.

About Acacia Mining

Acacia Mining plc, together with its subsidiaries, mines, processes, and sells gold in Africa. The company has three gold mines in north-west Tanzania, including Bulyanhulu, Buzwagi, and North Mara; and a portfolio of exploration projects at various stages of development in Tanzania, Kenya, Burkina Faso, and Mali.

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Analyst Recommendations for Acacia Mining (LON:ACA)

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