Berenberg Bank Reaffirms “Buy” Rating for ACG Acquisition (LON:ACG)

ACG Acquisition (LON:ACG)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a note issued to investors on Monday, Digital Look reports. They presently have a GBX 2,300 price target on the stock. Berenberg Bank’s price target points to a potential upside of 12.70% from the company’s current price.

Separately, Canaccord Genuity Group raised their price objective on ACG Acquisition from GBX 2,170 to GBX 2,370 and gave the company a “buy” rating in a research note on Wednesday, September 2nd. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 2,340.

ACG Acquisition Trading Up 0.0%

ACG stock opened at GBX 2,040.84 on Monday. The firm has a 50 day moving average of GBX 1,971.87 and a 200-day moving average of GBX 1,693.60. ACG Acquisition has a 12-month low of GBX 719.95 and a 12-month high of GBX 2,102.93. The company has a market cap of £472.35 million and a price-to-earnings ratio of -10.00.

About ACG Acquisition

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.