Berenberg Bank reaffirmed their buy rating on shares of ACG Acquisition (LON:ACG - Free Report) in a research report sent to investors on Tuesday, Marketbeat reports. They currently have a GBX 760 ($10.21) price target on the stock.
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 830 ($11.15) price target on shares of ACG Acquisition in a research note on Tuesday.
Get Our Latest Stock Analysis on ACG Acquisition
ACG Acquisition Price Performance
ACG traded up GBX 13 ($0.17) during trading hours on Tuesday, reaching GBX 648 ($8.70). The company's stock had a trading volume of 3,203 shares, compared to its average volume of 3,469. The stock has a market cap of £12.31 billion and a PE ratio of -586.79. ACG Acquisition has a fifty-two week low of GBX 385 ($5.17) and a fifty-two week high of GBX 1,232 ($16.54). The business's 50-day moving average is GBX 507.20 and its 200-day moving average is GBX 239.97.
About ACG Acquisition
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ACG Metals is a company with a vision to consolidate the copper industry through a series of roll-up acquisitions, with best-in-class ESG and carbon footprint characteristics.
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.
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