ACG Acquisition (LON:ACG) Receives Buy Rating from Canaccord Genuity Group

ACG Acquisition (LON:ACG)‘s stock had its “buy” rating reaffirmed by equities researchers at Canaccord Genuity Group in a research report issued to clients and investors on Tuesday,Digital Look reports. They currently have a GBX 2,170 price objective on the stock. Canaccord Genuity Group’s target price would indicate a potential upside of 17.30% from the company’s previous close.

Several other brokerages have also recently weighed in on ACG. Berenberg Bank reiterated a “buy” rating and issued a GBX 2,300 price target on shares of ACG Acquisition in a research report on Tuesday. Stifel Nicolaus reissued a “buy” rating and set a GBX 2,350 price objective on shares of ACG Acquisition in a report on Tuesday, April 21st. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, ACG Acquisition currently has a consensus rating of “Buy” and an average target price of GBX 2,273.33.

ACG Acquisition Price Performance

Shares of ACG stock opened at GBX 1,850 on Tuesday. The stock has a market capitalization of £428.15 million and a price-to-earnings ratio of -9.07. The company’s fifty day simple moving average is GBX 1,692.13 and its two-hundred day simple moving average is GBX 1,517.88. ACG Acquisition has a 1 year low of GBX 580 and a 1 year high of GBX 2,080.

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.