ACG Acquisition (LON:ACG) Stock Rating Reaffirmed as Buy by Canaccord Genuity Group

ACG Acquisition (LON:ACG)‘s stock had its “buy” rating reissued by research analysts at Canaccord Genuity Group in a research report issued on Tuesday, Digital Look reports. They presently have a GBX 2,295 price target on the stock. Canaccord Genuity Group‘s target price suggests a potential upside of 40.80% from the stock’s previous close.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 2,300 price objective on shares of ACG Acquisition in a report on Tuesday. Three analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, ACG Acquisition currently has a consensus rating of “Buy” and a consensus price target of GBX 2,315.

ACG Acquisition Trading Up 14.8%

ACG stock opened at GBX 1,630 on Tuesday. The firm has a market capitalization of £377.26 million and a PE ratio of -3.59. ACG Acquisition has a 1-year low of GBX 1,000 and a 1-year high of GBX 2,102.93. The business’s 50 day simple moving average is GBX 1,926.60 and its 200 day simple moving average is GBX 1,715.38.

ACG Acquisition (LON:ACG) last posted 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%.

ACG Acquisition Company Profile

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.