ACG Acquisition (LON:ACG – Get Free Report)‘s stock had its “buy” rating reiterated by stock analysts at Canaccord Genuity Group in a note issued to investors on Tuesday, Digital Look reports. They currently have a GBX 2,295 price objective on the stock. Canaccord Genuity Group‘s price objective indicates a potential upside of 40.80% from the stock’s previous close.
Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 2,300 price objective on shares of ACG Acquisition in a report on Tuesday. Three equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 2,315.
Read Our Latest Stock Report on ACG
ACG Acquisition Stock Performance
ACG stock opened at GBX 1,630 on Tuesday. The company’s 50-day simple moving average is GBX 1,926.60 and its 200 day simple moving average is GBX 1,715.38. ACG Acquisition has a 52 week low of GBX 1,000 and a 52 week high of GBX 2,102.93. The company has a market capitalization of £377.26 million and a PE ratio of -3.59.
ACG Acquisition (LON:ACG – Get Free Report) last released its quarterly earnings results on Thursday, September 17th. The company reported GBX (1.70) EPS for the quarter. ACG Acquisition had a negative return on equity of 381.58% and a negative net margin of 68.97%.
ACG Acquisition Company Profile
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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