Amerisur Resources plc (AMER) Earns “Hold” Rating from Peel Hunt
Amerisur Resources plc (LON:AMER)‘s stock had its “hold” rating reiterated by stock analysts at Peel Hunt in a research note issued on Wednesday. They currently have a GBX 20 ($0.26) target price on the stock. Peel Hunt’s target price indicates a potential upside of 19.40% from the company’s current price.
AMER has been the topic of several other reports. Macquarie reduced their price objective on Amerisur Resources plc from GBX 29 ($0.38) to GBX 27 ($0.35) and set a “neutral” rating on the stock in a research report on Wednesday, June 21st. Barclays PLC reduced their price objective on Amerisur Resources plc from GBX 36 ($0.47) to GBX 29 ($0.38) and set an “overweight” rating on the stock in a research report on Tuesday, April 11th. Finally, Shore Capital reiterated a “house stock” rating on shares of Amerisur Resources plc in a research report on Thursday, May 4th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 30.60 ($0.40).
Shares of Amerisur Resources plc (LON AMER) opened at 17.50 on Wednesday. Amerisur Resources plc has a 52 week low of GBX 15.50 and a 52 week high of GBX 32.75. The stock’s 50 day moving average price is GBX 18.62 and its 200-day moving average price is GBX 22.25. The firm’s market capitalization is GBX 212.31 million.
About Amerisur Resources plc
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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