Peel Hunt Lowers Amerisur Resources plc (AMER) Price Target to GBX 20

Amerisur Resources plc (LON:AMER) had its price objective decreased by Peel Hunt from GBX 25 ($0.32) to GBX 20 ($0.26) in a report published on Friday, July 21st. Peel Hunt currently has a hold rating on the stock.

AMER has been the subject of several other research reports. Shore Capital reiterated a house stock rating on shares of Amerisur Resources plc in a research note on Tuesday, April 4th. Macquarie cut their price target on Amerisur Resources plc from GBX 29 ($0.38) to GBX 27 ($0.35) and set a neutral rating for the company in a research note on Wednesday, June 21st. Finally, Barclays PLC cut their price target on Amerisur Resources plc from GBX 36 ($0.47) to GBX 29 ($0.38) and set an overweight rating for the company in a research note on Tuesday, April 11th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of GBX 30.60 ($0.40).

Shares of Amerisur Resources plc (LON AMER) traded down 3.12% during midday trading on Friday, reaching GBX 15.50. The company’s stock had a trading volume of 142,948 shares. The firm has a 50-day moving average of GBX 17.75 and a 200-day moving average of GBX 21.77. Amerisur Resources plc has a one year low of GBX 15.50 and a one year high of GBX 32.75. The stock’s market cap is GBX 188.05 million.

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About Amerisur Resources plc

Amerisur Resources plc is an independent full-cycle oil and gas company. The Company’s principal activity is investing in oil and gas exploration and development in South America, principally in Paraguay and Colombia. It operates through oil exploration and development segment. It operates in Colombia, Paraguay and the United Kingdom.

Analyst Recommendations for Amerisur Resources plc (LON:AMER)

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