ACG Acquisition (LON:ACG – Free Report) had its price objective upped by Berenberg Bank from GBX 2,300 to GBX 2,400 in a report issued on Monday morning,Digital Look reports. They currently have a buy rating on the stock.
Separately, Canaccord Genuity Group decreased their price objective on ACG Acquisition from GBX 2,370 to GBX 2,295 and set a “buy” rating on the stock in a research note on Thursday, September 17th. Three analysts have rated the stock with a Buy rating. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 2,348.33.
View Our Latest Stock Analysis on ACG
ACG Acquisition Trading Down 4.0%
Shares of LON ACG opened at GBX 1,700 on Monday. The company’s 50-day moving average price is GBX 1,958.40 and its 200 day moving average price is GBX 1,711. ACG Acquisition has a 52 week low of GBX 990 and a 52 week high of GBX 2,102.93. The stock has a market cap of £393.46 million and a price-to-earnings ratio of -3.74.
ACG Acquisition (LON:ACG – Get Free Report) last announced its quarterly earnings results on Thursday, September 17th. The company reported GBX (1.70) earnings per share (EPS) for the quarter. ACG Acquisition had a negative net margin of 68.97% and a negative return on equity of 381.58%.
About ACG Acquisition
ACG Metals is a company with a vision to build a global, high-margin, copper-focused producer with safe, efficient, and sustainable operations.
In September 2024, ACG successfully completed the acquisition of the Gediktepe Mine which is expected to transition to primary copper and zinc production from 2026 and will target annual steady-state copper equivalent production of 20-25 kt. Gediktepe produced 39.2koz of AuEq in 2025.
ACG’s team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector.
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