Acacia Mining PLC (ACA) Rating Reiterated by Numis Securities Ltd
Several other equities analysts also recently commented on ACA. Deutsche Bank AG restated a buy rating and issued a GBX 340 ($4.21) price target on shares of Acacia Mining PLC in a research note on Monday, June 13th. Credit Suisse Group AG increased their price objective on shares of Acacia Mining PLC from GBX 380 ($4.70) to GBX 490 ($6.06) and gave the stock an outperform rating in a research note on Thursday, June 30th. JPMorgan Chase & Co. increased their price objective on shares of Acacia Mining PLC from GBX 310 ($3.84) to GBX 440 ($5.45) and gave the stock an overweight rating in a research note on Tuesday, July 5th. Investec upgraded shares of Acacia Mining PLC to a buy rating in a research note on Tuesday, July 19th. Finally, Canaccord Genuity reiterated a hold rating and set a GBX 495 ($6.13) price objective on shares of Acacia Mining PLC in a research note on Friday, July 22nd. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of GBX 358.83 ($4.44).
Shares of Acacia Mining PLC (LON:ACA) opened at 455.424255 on Tuesday. The company’s market capitalization is GBX 1.87 billion. Acacia Mining PLC has a 1-year low of GBX 154.00 and a 1-year high of GBX 615.00. The company’s 50 day moving average is GBX 489.26 and its 200-day moving average is GBX 430.09.
Acacia Mining PLC Company Profile
Acacia Mining Plc (Acacia), formerly African Barrick Gold Plc, is a gold miner and producer of gold in Africa. The Company is engaged in the mining, processing and sale of gold business. Its segments are North Mara gold mine, Bulyanhulu gold mine, Buzwagi gold mine, and Corporate and Exploration segment.
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