ACG Acquisition (LON:ACG) Stock Price Up 1.9% – Still a Buy?

ACG Acquisition Company Limited (LON:ACG) rose 1.9% during trading on Monday . The company traded as high as GBX 2,100 and last traded at GBX 2,100. Approximately 1,967 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 13,892 shares. The stock had previously closed at GBX 2,060.

Analysts Set New Price Targets

ACG has been the subject of a number of recent research reports. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,300 price target on shares of ACG Acquisition in a research note on Friday, July 24th. Stifel Nicolaus reissued a “buy” rating and issued a GBX 2,350 price target on shares of ACG Acquisition in a research note on Tuesday, April 21st. Finally, Canaccord Genuity Group restated a “buy” rating and issued a GBX 2,170 price objective on shares of ACG Acquisition in a report on Tuesday, July 14th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of GBX 2,273.33.

ACG Acquisition Stock Performance

The firm has a market cap of £486.05 million and a price-to-earnings ratio of -10.29. The firm’s 50 day moving average is GBX 1,864.95 and its 200-day moving average is GBX 1,645.22.

ACG Acquisition Company Profile

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.