ACG Acquisition (LON:ACG) Price Target Raised to GBX 2,400

by · The Markets Daily

ACG Acquisition (LON:ACG – Get Free Report) had its price target upped by analysts at Berenberg Bank from GBX 2,300 to GBX 2,400 in a note issued to investors on Monday, Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank‘s target price suggests a potential upside of 40.84% from the company’s previous close.

Separately, Canaccord Genuity Group dropped their target price on shares of ACG Acquisition from GBX 2,370 to GBX 2,295 and set a “buy” rating on the stock in a report on Thursday, September 17th. Three equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 2,348.33.

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ACG Acquisition Trading Down 5.3%

Shares of ACG opened at GBX 1,704.02 on Monday. The company has a market cap of £394.40 million and a price-to-earnings ratio of -3.75. ACG Acquisition has a 1-year low of GBX 970 and a 1-year high of GBX 2,102.93. The company’s fifty day simple moving average is GBX 1,978.26 and its 200 day simple moving average is GBX 1,828.18.

ACG Acquisition (LON:ACG – Get Free Report) last posted its quarterly earnings results on Thursday, September 17th. The company reported GBX (1.70) earnings per share (EPS) for the quarter. ACG Acquisition had a negative return on equity of 381.58% and a negative net margin of 68.97%.

About ACG Acquisition

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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.

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