ACG Acquisition’s (ACG) “Buy” Rating Reiterated at Berenberg Bank

ACG Acquisition (LON:ACG)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a research report issued to clients and investors on Tuesday,London Stock Exchange reports. They presently have a GBX 2,300 price objective on the stock. Berenberg Bank’s price target points to a potential upside of 24.32% from the stock’s current price.

A number of other research firms also recently weighed in on ACG. Stifel Nicolaus reaffirmed a “buy” rating and issued a GBX 2,350 price target on shares of ACG Acquisition in a research note on Tuesday, April 21st. Canaccord Genuity Group increased their price objective on ACG Acquisition from GBX 2,040 to GBX 2,170 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of GBX 2,273.33.

ACG Acquisition Stock Down 2.6%

ACG stock opened at GBX 1,850 on Tuesday. ACG Acquisition has a 12-month low of GBX 580 and a 12-month high of GBX 2,080. The company has a market cap of £428.15 million and a price-to-earnings ratio of -9.07. The company has a 50 day moving average of GBX 1,692.13 and a two-hundred day moving average of GBX 1,517.88.

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.