Amerisur Resources (LON:AMER)‘s stock had its “add” rating reiterated by equities research analysts at Peel Hunt in a report released on Tuesday, ThisIsMoney.Co.Uk reports.

Separately, Royal Bank of Canada dropped their target price on Amerisur Resources from GBX 22 ($0.29) to GBX 15 ($0.20) and set a “sector performer” rating for the company in a report on Thursday, April 11th.

LON:AMER opened at GBX 11.94 ($0.16) on Tuesday. Amerisur Resources has a 1 year low of GBX 9.50 ($0.12) and a 1 year high of GBX 20.50 ($0.27). The company has a market capitalization of $145.13 million and a price-to-earnings ratio of 119.40.

Amerisur Resources Company Profile

Amerisur Resources plc engages in exploration and production of oil and gas assets in Colombia and Paraguay. It has assets around the OBA pipeline and also across the wider Putumayo region, with 11 blocks in total covering 984,000 hectares gross. Amerisur Resources Plc was incorporated in 2000 and is based in Cardiff, the United Kingdom.

Featured Article: Moving Average – How it Helps Investors in Stock Selection

Receive News & Ratings for Amerisur Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amerisur Resources and related companies with MarketBeat.com's FREE daily email newsletter.