Maestrano Group (LON:MNO) Earns “Buy” Rating from Berenberg Bank

Maestrano Group (LON:MNO – Get Free Report)‘s stock had its “buy” rating reaffirmed by analysts at Berenberg Bank in a research report issued to clients and investors on Tuesday, London Stock Exchange reports. They presently have a GBX 168 price target on the stock. Berenberg Bank’s price target indicates a potential upside of 51.35% from the stock’s previous close.

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 120 price objective on shares of Maestrano Group in a research note on Tuesday. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 144.

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Maestrano Group Stock Performance

Maestrano Group stock opened at GBX 111 on Tuesday. The company has a current ratio of 5.74, a quick ratio of 3.98 and a debt-to-equity ratio of 3.57. The company’s 50-day moving average price is GBX 89.70. The stock has a market cap of £540.92 million and a P/E ratio of -18.50. Maestrano Group has a fifty-two week low of GBX 73 and a fifty-two week high of GBX 117.

About Maestrano Group

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Meridian Mining is a gold-copper development company focused on advancing high-quality mineral projects in Brazil. The Company’s objective is to build a scalable, mid-tier mining company through the development of its flagship Cabaçal Project and broader Cabaçal VMS belt in Mato Grosso.

With a strong foundation in exploration, resource development and project advancement, Meridian is positioning itself to transition from developer to producer, supported by robust project economics and a growing portfolio of assets.

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