Pan African Resources’ (PAF) Outperform Rating Reaffirmed at Royal Bank Of Canada

Pan African Resources (LON:PAF)‘s stock had its “outperform” rating restated by investment analysts at Royal Bank Of Canada in a report released on Friday,London Stock Exchange reports. They currently have a GBX 155 price target on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 41.42% from the company’s previous close.

Separately, Berenberg Bank lowered their target price on Pan African Resources from GBX 165 to GBX 153 and set a “buy” rating for the company in a research note on Monday, June 1st. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of GBX 156.

Pan African Resources Stock Up 7.3%

LON:PAF opened at GBX 109.60 on Friday. The stock’s fifty day moving average price is GBX 101.95 and its two-hundred day moving average price is GBX 131.52. Pan African Resources has a 52-week low of GBX 59.80 and a 52-week high of GBX 185. The company has a debt-to-equity ratio of 19.51, a quick ratio of 0.74 and a current ratio of 0.98. The company has a market cap of £2.22 billion, a price-to-earnings ratio of 9.16, a P/E/G ratio of 8.95 and a beta of 0.70.

Pan African Resources Company Profile