Berenberg Bank reaffirmed their buy rating on shares of ACG Acquisition (LON:ACG – Free Report) in a report issued on Tuesday,Digital Look reports. Berenberg Bank currently has a GBX 2,300 price objective on the stock.
Separately, Canaccord Genuity Group lowered their target price on shares of ACG Acquisition from GBX 2,370 to GBX 2,295 and set a “buy” rating on the stock in a report on Thursday, September 17th. Three equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, ACG Acquisition currently has an average rating of “Buy” and a consensus price target of GBX 2,315.
View Our Latest Stock Analysis on ACG
ACG Acquisition Price Performance
ACG Acquisition (LON:ACG – Get Free Report) last released its quarterly earnings results on Thursday, September 17th. The company reported GBX (1.70) earnings per share for the quarter. ACG Acquisition had a negative net margin of 68.97% and a negative return on equity of 381.58%.
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.
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