AG.L (LON:AG) Earns “Buy” Rating from Berenberg Bank

AG.L (LON:AG)‘s stock had its “buy” rating reaffirmed by research analysts at Berenberg Bank in a research report issued on Thursday,London Stock Exchange reports. They currently have a GBX 800 target price on the stock.

A number of other equities research analysts have also recently issued reports on the stock. Shore Capital Group reissued a “house stock” rating on shares of AG.L in a research note on Tuesday. Peel Hunt restated a “buy” rating and set a GBX 800 price target on shares of AG.L in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 800 price objective on shares of AG.L in a report on Wednesday. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, AG.L presently has an average rating of “Buy” and an average price target of GBX 800.

AG.L Stock Performance

AG.L Company Profile

First Majestic is a publicly traded mining company focused on silver production in Mexico and is aggressively pursuing the development of its existing mineral property assets. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine. Production from these mines are projected to be between 12.5 to 13.9 million silver ounces or 20.6 to 22.9 million silver equivalent ounces in 2021.