Acacia Mining PLC (ACA) Stock Rating Reaffirmed by Peel Hunt

Acacia Mining PLC (LON:ACA)‘s stock had its “under review” rating reiterated by analysts at Peel Hunt in a research report issued on Thursday.

A number of other analysts have also recently commented on ACA. Numis Securities Ltd reiterated a “buy” rating and set a GBX 400 ($5.28) price objective on shares of Acacia Mining PLC in a research report on Monday. Citigroup Inc. reiterated a “sell” rating and set a GBX 170 ($2.24) price objective on shares of Acacia Mining PLC in a research report on Tuesday, October 24th. Barclays PLC dropped their price objective on Acacia Mining PLC from GBX 285 ($3.76) to GBX 225 ($2.97) and set an “equal weight” rating for the company in a research report on Tuesday, October 24th. J P Morgan Chase & Co lifted their price objective on Acacia Mining PLC from GBX 200 ($2.64) to GBX 230 ($3.04) and gave the stock a “neutral” rating in a research report on Wednesday, September 27th. Finally, HSBC Holdings plc dropped their price objective on Acacia Mining PLC from GBX 540 ($7.13) to GBX 285 ($3.76) and set a “buy” rating for the company in a research report on Friday, August 18th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 319.64 ($4.22).

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Acacia Mining PLC Company Profile

Acacia Mining plc is primarily engaged in the business of mining, processing and sale of gold. The Company has three operating mines located in Tanzania. The Company’s segments are North Mara gold mine, Bulyanhulu gold mine and Buzwagi gold mine. The North Mara gold deposits are situated in the Mara Musoma greenstone belt.

Analyst Recommendations for Acacia Mining PLC (LON:ACA)

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