ACG Acquisition (LON:ACG) Given Buy Rating at Berenberg Bank

ACG Acquisition (LON:ACG)‘s stock had its “buy” rating reiterated by analysts at Berenberg Bank in a research note issued to investors on Thursday, September 17th, Digital Look reports. They presently have a GBX 2,300 target price on the stock. Berenberg Bank’s price objective would suggest a potential upside of 15.58% from the stock’s current price.

Separately, Canaccord Genuity Group increased their price objective on shares of ACG Acquisition from GBX 2,170 to GBX 2,370 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 2,315.

ACG Acquisition Stock Performance

Shares of ACG traded up GBX 100 during trading hours on Thursday, hitting GBX 1,990. The stock had a trading volume of 425,877 shares, compared to its average volume of 16,773. ACG Acquisition has a 12-month low of GBX 880 and a 12-month high of GBX 2,102.93. The company’s fifty day simple moving average is GBX 2,005.28 and its 200 day simple moving average is GBX 1,742.46. The firm has a market cap of £460.59 million and a P/E ratio of -9.75.

ACG Acquisition (LON:ACG) last posted its earnings results on Thursday, September 17th. The company reported GBX (1.70) earnings per share (EPS) for the quarter. ACG Acquisition had a negative net margin of 43.72% and a negative return on equity of 104.92%.

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.