Peel Hunt Reaffirms Buy Rating for AG.L (LON:AG)

AG.L (LON:AG)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a research report issued on Tuesday,London Stock Exchange reports. They currently have a GBX 800 price objective on the stock.

Several other brokerages also recently commented on AG. Shore Capital Group reiterated a “house stock” rating on shares of AG.L in a report on Tuesday. Berenberg Bank restated a “buy” rating and issued a GBX 800 price target on shares of AG.L in a report on Monday, April 20th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of GBX 800.

AG.L Stock Performance

AG.L Company Profile

First Majestic is a publicly traded mining company focused on silver production in Mexico and is aggressively pursuing the development of its existing mineral property assets. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine. Production from these mines are projected to be between 12.5 to 13.9 million silver ounces or 20.6 to 22.9 million silver equivalent ounces in 2021.