ACG Acquisition’s (ACG) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of ACG Acquisition (LON:ACG) in a report issued on Wednesday,Digital Look reports. Berenberg Bank currently has a GBX 2,300 price target on the stock.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 2,295 target price on shares of ACG Acquisition in a research note on Tuesday, November 3rd. Three equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, ACG Acquisition has an average rating of “Buy” and a consensus target price of GBX 2,315.

ACG Acquisition Price Performance

Shares of LON ACG opened at GBX 1,736.50 on Wednesday. The company has a market cap of £403.42 million and a PE ratio of -3.82. ACG Acquisition has a 12 month low of GBX 1,000 and a 12 month high of GBX 2,102.93. The company has a 50-day simple moving average of GBX 1,862.85 and a 200-day simple moving average of GBX 1,729.17.

ACG Acquisition (LON:ACG) last posted its quarterly earnings data on Thursday, September 17th. The company reported GBX (1.70) earnings per share for the quarter. ACG Acquisition had a negative net margin of 68.97% and a negative return on equity of 381.58%.

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.