Amerisur Resources plc (LON: AMER)‘s stock had its “buy” rating reaffirmed by research analysts at Investec Securities in a report released on Tuesday. They currently have a $1.07 (71 GBX) target price on the stock.

Amerisur Resources plc (LON: AMER) opened at 53.5225 on Tuesday. Amerisur Resources plc has a 1-year low of GBX 15.487 and a 1-year high of GBX 53.00. The stock’s 50-day moving average is currently GBX 36.11.

A number of other firms have also recently commented on AMER. Analysts at RBC Capital reiterated a “top pick” rating on shares of Amerisur Resources plc in a research note to investors on Monday.

Amerisur Resources Plc is a United Kingdom-based company. The Company is engaged in investing in oil and gas exploration and development in South America, principally in Paraguay and Colombia.

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