Acacia Mining PLC (LON:ACA) had its price target boosted by Barclays PLC from GBX 340 ($4.44) to GBX 500 ($6.53) in a report issued on Wednesday morning. Barclays PLC currently has an equal weight rating on the stock.
Other equities research analysts have also issued research reports about the stock. Numis Securities Ltd restated an add rating and issued a GBX 400 ($5.22) target price on shares of Acacia Mining PLC in a research note on Friday, June 10th. Deutsche Bank AG upped their target price on shares of Acacia Mining PLC from GBX 340 ($4.44) to GBX 470 ($6.13) and gave the company a buy rating in a research note on Sunday, June 26th. Finally, Jefferies Group restated a buy rating and issued a GBX 390 ($5.09) target price on shares of Acacia Mining PLC in a research note on Wednesday, June 1st. Five analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of GBX 344.45 ($4.50).
Shares of Acacia Mining PLC (LON:ACA) opened at 499.173248 on Wednesday. The stock’s 50 day moving average is GBX 531.14 and its 200-day moving average is GBX 409.22. Acacia Mining PLC has a 52-week low of GBX 154.00 and a 52-week high of GBX 615.00. The firm’s market capitalization is GBX 2.05 billion.
Acacia Mining PLC Company Profile
Acacia Mining Plc (Acacia), formerly African Barrick Gold Plc, is a gold miner and producer of gold in Africa. The Company is engaged in the mining, processing and sale of gold business. Its segments are North Mara gold mine, Bulyanhulu gold mine, Buzwagi gold mine, and Corporate and Exploration segment.
Receive News & Ratings for Acacia Mining PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acacia Mining PLC and related companies with MarketBeat.com's FREE daily email newsletter.