AG.L’s (AG) “Buy” Rating Reiterated at Berenberg Bank

AG.L (LON:AG – Get Free Report)‘s stock had its “buy” rating reissued by equities researchers at Berenberg Bank in a report issued on Thursday,London Stock Exchange reports. They presently have a GBX 800 target price on the stock.

AG has been the subject of several other reports. Shore Capital Group reiterated a “house stock” rating on shares of AG.L in a report on Tuesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 800 price objective on shares of AG.L in a report on Wednesday. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 800 price objective on shares of AG.L in a research report on Tuesday. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 800.

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About AG.L

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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.

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