Today, Amerisur Resources plc (AMER) Rating Reiterated by Royal Bank Of Canada

Today, Amerisur Resources plc (AMER) Rating Reiterated by Royal Bank Of Canada

Amerisur Resources plc (LON:AMER)‘s stock had its “outperform” rating reissued by equities researchers at Royal Bank Of Canada in a research report issued on Tuesday. They currently have a GBX 45 ($0.59) target price on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 81.82% from the stock’s current price.

Several other brokerages also recently weighed in on AMER. Shore Capital reiterated a “house stock” rating on shares of Amerisur Resources plc in a report on Tuesday, July 12th. Peel Hunt raised shares of Amerisur Resources plc to a “hold” rating and lowered their price objective for the company from GBX 26 ($0.34) to GBX 25 ($0.33) in a research note on Wednesday, September 28th. Macquarie reissued a “neutral” rating and set a GBX 27 ($0.35) price objective on shares of Amerisur Resources plc in a research note on Friday, September 16th. Finally, Barclays PLC boosted their price objective on shares of Amerisur Resources plc from GBX 34 ($0.44) to GBX 36 ($0.47) and gave the company an “equal weight” rating in a research note on Wednesday, July 13th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of GBX 33.40 ($0.44).

Shares of Amerisur Resources plc (LON:AMER) opened at 24.75 on Tuesday. The firm has a 50-day moving average price of GBX 24.92 and a 200-day moving average price of GBX 26.77. Amerisur Resources plc has a 1-year low of GBX 16.68 and a 1-year high of GBX 34.18. The firm’s market capitalization is GBX 299.06 million.

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