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

ACG Acquisition (LON:ACG)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a research note issued on Thursday, Digital Look reports. They presently have a GBX 2,300 target price on the stock. Berenberg Bank’s price target points to a potential upside of 24.32% from the company’s previous close.

Separately, Canaccord Genuity Group upped their price target on shares of ACG Acquisition from GBX 2,170 to GBX 2,370 and gave the company a “buy” rating in a research note on Wednesday, September 2nd. 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 an average target price of GBX 2,315.

ACG Acquisition Stock Performance

LON ACG opened at GBX 1,850 on Thursday. The stock has a 50 day moving average price of GBX 2,007.88 and a 200-day moving average price of GBX 1,727.68. ACG Acquisition has a one year low of GBX 865 and a one year high of GBX 2,102.93. The company has a market capitalization of £428.18 million and a P/E ratio of -9.07.

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.