Pan African Resources’ (PAF) Outperform Rating Reaffirmed at Royal Bank Of Canada

Pan African Resources (LON:PAF)‘s stock had its “outperform” rating restated by research analysts at Royal Bank Of Canada in a research report issued on Friday,London Stock Exchange reports. They presently have a GBX 155 price objective on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 41.42% from the stock’s previous close.

Separately, Berenberg Bank dropped their target price on shares of Pan African Resources from GBX 165 to GBX 153 and set a “buy” rating for the company in a research report on Monday, June 1st. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Pan African Resources presently has an average rating of “Buy” and a consensus price target of GBX 156.

Pan African Resources Price Performance

Shares of PAF stock opened at GBX 109.60 on Friday. The stock’s fifty day simple moving average is GBX 101.95 and its 200 day simple moving average is GBX 131.52. The company has a debt-to-equity ratio of 19.51, a current ratio of 0.98 and a quick ratio of 0.74. The firm has a market cap of £2.22 billion, a price-to-earnings ratio of 9.16, a P/E/G ratio of 8.95 and a beta of 0.70. Pan African Resources has a one year low of GBX 59.80 and a one year high of GBX 185.

Pan African Resources Company Profile