ACG Acquisition’s (ACG) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of ACG Acquisition (LON:ACG) in a research note published on Thursday,Digital Look reports. They currently have a GBX 2,300 price target on the stock.

Separately, Canaccord Genuity Group lifted their target price on ACG Acquisition from GBX 2,170 to GBX 2,370 and gave the company a “buy” rating in a research note on Wednesday, September 2nd. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, ACG Acquisition has a consensus rating of “Buy” and a consensus price target of GBX 2,315.

ACG Acquisition Stock Performance

Shares of ACG opened at GBX 1,870 on Thursday. ACG Acquisition has a fifty-two week low of GBX 880 and a fifty-two week high of GBX 2,102.93. The company has a market capitalization of £432.81 million and a price-to-earnings ratio of -9.17. The firm has a 50-day simple moving average of GBX 2,007.68 and a 200-day simple moving average of GBX 1,731.47.

ACG Acquisition (LON:ACG) last issued its quarterly earnings results on Thursday, September 17th. The company reported GBX (1.70) earnings per share (EPS) for the quarter. ACG Acquisition had a negative net margin of 43.72% and a negative return on equity of 104.92%.

ACG Acquisition Company Profile

ACG Metals is a company with a vision to build a global, high-margin, copper-focused producer with safe, efficient, and sustainable operations.
In September 2024, ACG successfully completed the acquisition of the Gediktepe Mine which is expected to transition to primary copper and zinc production from 2026 and will target annual steady-state copper equivalent production of 20-25 kt. Gediktepe produced 39.2koz of AuEq in 2025.
ACG’s team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector.