Canaccord Genuity Group Increases ACG Acquisition (LON:ACG) Price Target to GBX 2,370

ACG Acquisition (LON:ACG) had its target price upped by analysts at Canaccord Genuity Group from GBX 2,170 to GBX 2,370 in a report released on Wednesday, Digital Look reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 16.01% from the stock’s current price.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 2,300 target price on shares of ACG Acquisition in a research note on Friday, July 24th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, ACG Acquisition has a consensus rating of “Buy” and a consensus price target of GBX 2,340.

ACG Acquisition Price Performance

LON ACG opened at GBX 2,043 on Wednesday. The stock has a market capitalization of £472.85 million and a price-to-earnings ratio of -10.01. The business’s fifty day moving average is GBX 1,949.37 and its 200-day moving average is GBX 1,681.24. ACG Acquisition has a one year low of GBX 685 and a one year high of GBX 2,102.93.

About ACG Acquisition

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.