Pan African Resources (LON:PAF) Receives Outperform Rating from Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their outperform rating on shares of Pan African Resources (LON:PAF) in a research report sent to investors on Friday, Marketbeat Ratings reports. They currently have a GBX 155 price target on the stock.

Separately, Berenberg Bank lowered their target price on Pan African Resources from GBX 165 to GBX 153 and set a “buy” rating for the company in a research report on Monday, June 1st. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 156.

Pan African Resources Price Performance

Shares of Pan African Resources stock opened at GBX 109.80 on Friday. The firm has a market cap of £2.23 billion, a PE ratio of 9.18, a PEG ratio of 8.95 and a beta of 0.70. The stock has a 50 day moving average of GBX 101.40 and a 200 day moving average of GBX 131.37. The company has a current ratio of 0.98, a quick ratio of 0.74 and a debt-to-equity ratio of 19.51. Pan African Resources has a 12 month low of GBX 59.80 and a 12 month high of GBX 185.

Pan African Resources Company Profile