Amerisur Resources plc (AMER) Price Target Raised to GBX 25
Amerisur Resources plc (LON:AMER) had its target price raised by Peel Hunt from GBX 24 ($0.31) to GBX 25 ($0.33) in a research report released on Tuesday morning. They currently have a hold rating on the stock.
AMER has been the topic of several other research reports. Barclays PLC increased their price objective on Amerisur Resources plc from GBX 30 ($0.39) to GBX 34 ($0.44) and gave the stock an equal weight rating in a research report on Thursday, June 9th. Shore Capital reiterated a house stock rating on shares of Amerisur Resources plc in a research report on Friday, June 17th. Macquarie reissued a neutral rating and set a GBX 27 ($0.35) target price on shares of Amerisur Resources plc in a report on Friday, September 16th. Finally, Royal Bank Of Canada reissued an outperform rating and set a GBX 45 ($0.59) target price on shares of Amerisur Resources plc in a report on Tuesday, October 4th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 33.40 ($0.44).
Shares of Amerisur Resources plc (LON:AMER) opened at 24.50 on Tuesday. The firm’s 50-day moving average price is GBX 24.79 and its 200 day moving average price is GBX 26.73. The company’s market capitalization is GBX 296.04 million. Amerisur Resources plc has a one year low of GBX 16.68 and a one year high of GBX 34.18.
Amerisur Resources plc Company Profile
Amerisur Resources plc is an independent full-cycle oil and gas company. The Company’s principal activity is investing in oil and gas exploration and development in South America, principally in Paraguay and Colombia. It operates through oil exploration and development segment. It operates in Colombia, Paraguay and the United Kingdom.
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