Anglo Pacific Group (LON:APF) had its price target decreased by Berenberg Bank from GBX 200 ($2.46) to GBX 180 ($2.22) in a research note issued to investors on Wednesday, Digital Look reports. Berenberg Bank currently has a buy rating on the stock.
Several other equities research analysts have also recently issued reports on the company. Royal Bank of Canada cut their target price on Anglo Pacific Group from GBX 240 ($2.95) to GBX 220 ($2.71) and set an outperform rating for the company in a research note on Monday, April 6th. Peel Hunt cut their target price on Anglo Pacific Group from GBX 240 ($2.95) to GBX 205 ($2.52) and set a buy rating for the company in a research note on Monday, June 29th. Five research analysts have rated the stock with a buy rating, The stock presently has an average rating of Buy and an average target price of GBX 210 ($2.58).
APF stock opened at GBX 132 ($1.62) on Wednesday. The business has a fifty day moving average of GBX 145.77 and a two-hundred day moving average of GBX 151.03. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 16.55. The stock has a market cap of $233.74 million and a price-to-earnings ratio of 8.04. Anglo Pacific Group has a 52-week low of GBX 98.80 ($1.22) and a 52-week high of GBX 217 ($2.67).
The company also recently disclosed a dividend, which will be paid on Friday, August 14th. Stockholders of record on Thursday, July 2nd will be paid a GBX 1.75 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a dividend yield of 1.09%. Anglo Pacific Group’s payout ratio is presently 43.75%.
In related news, insider Kevin Flynn bought 825 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was purchased at an average cost of GBX 161 ($1.98) per share, with a total value of £1,328.25 ($1,634.57). Also, insider Julian Treger sold 700,000 shares of the business’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of GBX 161 ($1.98), for a total value of £1,127,000 ($1,386,906.23). Over the last ninety days, insiders bought 28,641 shares of company stock valued at $4,514,017 and sold 1,010,765 shares valued at $161,882,400.
About Anglo Pacific Group
Anglo Pacific Group plc operates as a natural resources royalty company. The company, together with its subsidiaries, engages in securing natural resources royalties by acquisition and through investment in mining and exploration interests in coking and thermal coal, vanadium, gold, uranium, anthracite, nickel-cobalt, chromite, iron ore, copper, and silver.
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