Anglo Pacific Group plc (APF) Receives Buy Rating from Peel Hunt

Peel Hunt reiterated their buy rating on shares of Anglo Pacific Group plc (LON:APF) in a research report released on Thursday. The firm currently has a GBX 156 ($2.01) target price on the stock.

A number of other research firms also recently weighed in on APF. FinnCap reiterated a buy rating and set a GBX 150 ($1.94) price target on shares of Anglo Pacific Group plc in a research note on Wednesday, August 23rd. Macquarie reiterated an outperform rating and set a GBX 185 ($2.39) price target on shares of Anglo Pacific Group plc in a research note on Wednesday, August 30th. Finally, Shore Capital reiterated a not rated rating on shares of Anglo Pacific Group plc in a research note on Monday, June 26th.

Anglo Pacific Group plc (LON:APF) traded down 2.93% on Thursday, hitting GBX 132.50. 175,415 shares of the stock were exchanged. The company’s 50 day moving average is GBX 126.16 and its 200 day moving average is GBX 118.14. Anglo Pacific Group plc has a 1-year low of GBX 97.88 and a 1-year high of GBX 143.00. The stock’s market cap is GBX 229.72 million.

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The firm also recently declared a dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, January 4th will be paid a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date is Thursday, January 4th. This represents a yield of 1.07%.

In other news, insider Julian Treger bought 10,000 shares of Anglo Pacific Group plc stock in a transaction dated Wednesday, June 28th. The shares were bought at an average price of GBX 111 ($1.43) per share, for a total transaction of £11,100 ($14,335.53).

About Anglo Pacific Group plc

Anglo Pacific Group PLC (Anglo Pacific) is a United Kingdom-based company, which focuses on royalties connected with the mining of natural resources. The Company’s producing royalties include Kestrel, Narrabri, Maracas Menchen, El Valle- Boinas/Carles (EVBC) and Four Mile. The Company’s development royalties include Salamanca, Groundhog, and Amapa & Tucano.

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