Pan African Resources’ (PAF) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Pan African Resources (LON:PAF) in a research note published on Friday morning, MarketBeat reports. The firm currently has a GBX 153 price target on the stock.

Separately, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 155 target price on shares of Pan African Resources in a report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of GBX 156.

Pan African Resources Price Performance

Shares of PAF stock opened at GBX 123.40 on Friday. The firm has a market cap of £2.50 billion, a price-to-earnings ratio of 10.32, a P/E/G ratio of 8.95 and a beta of 0.70. The stock’s fifty day simple moving average is GBX 111.05 and its 200 day simple moving average is GBX 128.41. Pan African Resources has a one year low of GBX 75.10 and a one year high of GBX 185. The company has a debt-to-equity ratio of 19.51, a current ratio of 0.98 and a quick ratio of 0.74.

Pan African Resources Company Profile