Pan African Resources plc (LON:PAF) had its price target reduced by equities research analysts at Numis Securities Ltd from GBX 30 ($0.39) to GBX 28 ($0.36) in a research note issued on Friday, July 21st, Marketbeat reports. The firm presently has a “buy” rating on the stock. Numis Securities Ltd’s target price indicates a potential upside of 115.38% from the stock’s current price.
PAF has been the topic of several other research reports. Peel Hunt upgraded Pan African Resources plc to a “buy” rating and lifted their price objective for the company from GBX 19 ($0.25) to GBX 20 ($0.26) in a report on Friday, May 5th. Shore Capital reissued a “not rated” rating on shares of Pan African Resources plc in a research report on Wednesday, April 5th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of GBX 22.60 ($0.29).
Pan African Resources plc (LON:PAF) opened at 12.75 on Friday. The firm’s market cap is GBX 192.12 million. Pan African Resources plc has a one year low of GBX 12.75 and a one year high of GBX 24.50. The stock has a 50 day moving average price of GBX 14.03 and a 200-day moving average price of GBX 15.40.
Pan African Resources plc Company Profile
Receive News & Ratings for Pan African Resources plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pan African Resources plc and related companies with MarketBeat.com's FREE daily email newsletter.
