Peel Hunt reissued their buy rating on shares of Acacia Mining (LON:ACA) in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.
A number of other brokerages also recently weighed in on ACA. Numis Securities upped their target price on from GBX 532 ($6.95) to GBX 705 ($9.21) and gave the company a buy rating in a report on Thursday, June 6th. Berenberg Bank reiterated a buy rating and issued a GBX 250 ($3.27) target price on shares of in a report on Tuesday, June 18th. JPMorgan Chase & Co. set a €52.00 ($60.47) target price on Vonovia and gave the company a buy rating in a report on Friday, May 10th. Barclays reiterated an underweight rating on shares of in a report on Thursday, July 4th. Finally, Royal Bank of Canada set a $147.00 target price on Ameriprise Financial and gave the company a hold rating in a report on Friday, April 26th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. Acacia Mining has a consensus rating of Hold and a consensus target price of GBX 196.41 ($2.57).
Shares of ACA opened at GBX 182.50 ($2.38) on Monday. The firm has a market cap of $755.79 million and a P/E ratio of 365.00. Acacia Mining has a fifty-two week low of GBX 93.56 ($1.22) and a fifty-two week high of GBX 268.20 ($3.50). The company has a quick ratio of 0.60, a current ratio of 1.43 and a debt-to-equity ratio of 3.64. The firm has a 50-day simple moving average of GBX 170.54.
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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