Pan African Resources PLC (LON:PAF – Get Free Report) passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 125.53 and traded as low as GBX 124.90. Pan African Resources shares last traded at GBX 127.33, with a volume of 85,015,313 shares traded.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on the stock. Berenberg Bank reissued a “buy” rating and set a GBX 153 price objective on shares of Pan African Resources in a research report on Friday, September 11th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 155 target price on shares of Pan African Resources in a report on Friday, August 7th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 156.
Check Out Our Latest Analysis on PAF
Pan African Resources Stock Performance
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