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

ACG Acquisition (LON:ACG) had its target price boosted by Berenberg Bank from GBX 2,300 to GBX 2,400 in a research note issued to investors on Monday, Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank‘s target price suggests a potential upside of 40.84% from the company’s current price.

Separately, Canaccord Genuity Group decreased their price objective on 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 investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 2,348.33.

ACG Acquisition Trading Down 5.3%

ACG Acquisition stock opened at GBX 1,704.02 on Monday. ACG Acquisition has a 12 month low of GBX 970 and a 12 month high of GBX 2,102.93. The stock’s 50 day moving average is GBX 1,978.26 and its 200-day moving average is GBX 1,828.18. The company has a market capitalization of £394.40 million and a price-to-earnings ratio of -3.75.

ACG Acquisition (LON:ACG) last released its quarterly earnings results on Thursday, September 17th. The company reported GBX (1.70) earnings per share 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

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.