Anglo Pacific Group (LON:APF) Earns Buy Rating From Berenberg Bank

Anglo Pacific Group (LON:APF – Get Rating)’s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a report issued on Monday. They currently have a GBX 180 ($2.34) target price on the stock. Berenberg Bank’s target price points to a potential upside of 14.94% from the company’s previous close.
Separately, Royal Bank of Canada reissued an “outperform” rating and set a GBX 245 ($3.19) target price on shares of Anglo Pacific Group in a research note on Monday, February 14th.
Shares of Anglo Pacific Group stock opened at GBX 156.60 ($2.04) on Monday. The firm’s 50-day moving average is GBX 143.93 and its 200 day moving average is GBX 135.35. Anglo Pacific Group has a 1 year low of GBX 119.41 ($1.55) and a 1 year high of GBX 167 ($2.17). The company has a debt-to-equity ratio of 34.74, a current ratio of 1.36 and a quick ratio of 1.36. The stock has a market cap of £334.78 million and a price-to-earnings ratio of -86.28.
In other Anglo Pacific Group news, insider Robert Stan bought 22,500 shares of Anglo Pacific Group stock in a transaction on Monday, December 20th. The stock was acquired at an average price of GBX 128 ($1.66) per share, with a total value of £28,800 ($37,451.24). Also, insider Julian Treger sold 115,000 shares of Anglo Pacific Group stock in a transaction on Thursday, December 16th. The shares were sold at an average price of GBX 128 ($1.66), for a total value of £147,200 ($191,417.43). Over the last three months, insiders sold 892,632 shares of company stock worth $125,777,952.
About Anglo Pacific Group (Get Rating)
Anglo Pacific Group plc operates as a natural resources royalty and streaming company. The company, together with its subsidiaries, engages in securing natural resources royalties and streams by acquisition and through investment in mining and exploration interests in coking and thermal coal, cobalt, iron ore, copper, vanadium, uranium, gold, silver, nickel, and anthracite properties primarily in Australia, North and South America, and Europe.