Canaccord Genuity Group Lowers ACG Acquisition (LON:ACG) Price Target to GBX 2,295

ACG Acquisition (LON:ACG) had its price target cut by stock analysts at Canaccord Genuity Group from GBX 2,370 to GBX 2,295 in a research report issued on Thursday, Digital Look reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 22.73% from the stock’s current price.

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,300 price objective on shares of ACG Acquisition in a report on Thursday. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of GBX 2,315.

ACG Acquisition Stock Performance

Shares of ACG Acquisition stock opened at GBX 1,870 on Thursday. ACG Acquisition has a 1 year low of GBX 880 and a 1 year high of GBX 2,102.93. The company has a market capitalization of £432.81 million and a P/E ratio of -9.17. The company’s fifty day moving average is GBX 2,007.68 and its two-hundred day moving average is GBX 1,731.47.

ACG Acquisition (LON:ACG) last released its earnings results on Thursday, September 17th. The company reported GBX (1.70) earnings per share (EPS) for the quarter. ACG Acquisition had a negative net margin of 43.72% and a negative return on equity of 104.92%.

ACG Acquisition Company Profile

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.