Acacia Mining PLC (LON:ACA) has been given a consensus recommendation of “Hold” by the twenty analysts that are presently covering the firm. Four analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 349.36 ($4.32).
A number of brokerages have recently weighed in on ACA. Numis Securities Ltd restated an “add” rating on shares of Acacia Mining PLC in a research report on Tuesday. Panmure Gordon restated a “hold” rating and issued a GBX 400 ($4.95) price target on shares of Acacia Mining PLC in a research report on Tuesday, September 27th. Peel Hunt cut Acacia Mining PLC to a “reduce” rating and raised their price target for the company from GBX 240 ($2.97) to GBX 441 ($5.46) in a research report on Thursday, September 22nd. Barclays PLC raised their price target on Acacia Mining PLC from GBX 340 ($4.21) to GBX 500 ($6.19) and gave the company an “equal weight” rating in a research report on Wednesday, September 21st. Finally, Beaufort Securities restated a “speculative buy” rating on shares of Acacia Mining PLC in a research report on Monday, September 19th.