ACG Acquisition (LON:ACG) Price Target Raised to GBX 2,370

ACG Acquisition (LON:ACG) had its target price boosted by Canaccord Genuity Group from GBX 2,170 to GBX 2,370 in a research note released on Wednesday morning,Digital Look reports. The firm currently has a buy rating on the stock.

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,300 target price on shares of ACG Acquisition in a report on Friday, July 24th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 2,340.

ACG Acquisition Trading Down 1.0%

Shares of ACG Acquisition stock opened at GBX 2,040 on Wednesday. ACG Acquisition has a twelve month low of GBX 705 and a twelve month high of GBX 2,102.93. The firm has a market capitalization of £472.16 million and a PE ratio of -10.00. The firm’s 50-day moving average price is GBX 1,971.87 and its 200 day moving average price is GBX 1,691.90.

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.