Acacia Mining PLC (LON:ACA) Receives Average Rating of “Hold” from Analysts

Acacia Mining PLC (LON:ACA) has earned an average rating of “Hold” from the nine brokerages that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 188.15 ($2.46).

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. set a €52.00 ($60.47) price objective on Vonovia and gave the stock a “buy” rating in a research note on Friday, May 10th. Numis Securities raised their price objective on from GBX 532 ($6.95) to GBX 705 ($9.21) and gave the stock a “buy” rating in a research note on Thursday, June 6th. Royal Bank of Canada set a $147.00 price objective on Ameriprise Financial and gave the stock a “hold” rating in a research note on Friday, April 26th. Barclays reissued an “underweight” rating on shares of in a research note on Thursday, July 4th. Finally, Peel Hunt reissued a “buy” rating on shares of Lookers in a research note on Monday, July 8th.

ACA opened at GBX 231.20 ($3.02) on Tuesday. The company has a market cap of $940.74 million and a price-to-earnings ratio of 462.40. The company has a current ratio of 1.43, a quick ratio of 0.60 and a debt-to-equity ratio of 3.64. The stock’s fifty day moving average is GBX 187.49. Acacia Mining has a fifty-two week low of GBX 93.56 ($1.22) and a fifty-two week high of GBX 268.20 ($3.50).

Acacia Mining Company Profile

Acacia Mining plc, together with its subsidiaries, mines, processes, and sells gold in Africa. The company has three gold mines in north-west Tanzania, including Bulyanhulu, Buzwagi, and North Mara; and a portfolio of exploration projects at various stages of development in Tanzania, Kenya, Burkina Faso, and Mali.

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Analyst Recommendations for Acacia Mining (LON:ACA)

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