Amerisur Resources plc (LON:AMER) had its price target raised by Peel Hunt from GBX 24 ($0.31) to GBX 25 ($0.33) in a report issued on Tuesday morning. The brokerage currently has a hold rating on the stock.
A number of other research analysts also recently issued reports on the stock. Royal Bank Of Canada restated an outperform rating and issued a GBX 45 ($0.59) price target on shares of Amerisur Resources plc in a research report on Tuesday. Macquarie restated a neutral rating and issued a GBX 27 ($0.35) price target on shares of Amerisur Resources plc in a research report on Friday, September 16th. Barclays PLC raised their price target on shares of Amerisur Resources plc from GBX 34 ($0.44) to GBX 36 ($0.47) and gave the stock an equal weight rating in a research report on Wednesday, July 13th. Finally, Shore Capital restated a house stock rating on shares of Amerisur Resources plc in a research report on Tuesday, July 12th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has an average rating of Hold and an average target price of GBX 33.40 ($0.44).
Shares of Amerisur Resources plc (LON:AMER) traded down 0.08% during mid-day trading on Tuesday, hitting GBX 24.98. 1,079,707 shares of the company’s stock traded hands. The stock has a 50 day moving average price of GBX 24.99 and a 200-day moving average price of GBX 26.77. The stock’s market cap is GBX 301.84 million. Amerisur Resources plc has a 1-year low of GBX 16.68 and a 1-year high of GBX 34.18.
About Amerisur Resources plc
Amerisur Resources plc is an independent full-cycle oil and gas company. The Company’s principal activity is investing in oil and gas exploration and development in South America, principally in Paraguay and Colombia. It operates through oil exploration and development segment. It operates in Colombia, Paraguay and the United Kingdom.
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