Berenberg Bank Reaffirms Buy Rating for AG.L (LON:AG)

AG.L (LON:AG)‘s stock had its “buy” rating reissued by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Monday,London Stock Exchange reports. They presently have a GBX 800 price objective on the stock.

Separately, Shore Capital Group restated a “house stock” rating on shares of AG.L in a report on Tuesday, February 3rd. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 777.50.

AG.L Price 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.