Berenberg Bank Reaffirms “Buy” Rating for ACG Acquisition (LON:ACG)

ACG Acquisition (LON:ACG)‘s stock had its “buy” rating reissued by analysts at Berenberg Bank in a research note issued to investors on Tuesday,London Stock Exchange reports. They presently have a GBX 2,300 price objective on the stock. Berenberg Bank’s price objective would suggest a potential upside of 24.32% from the stock’s previous close.

Several other research firms also recently issued reports on ACG. Canaccord Genuity Group upped their price target on ACG Acquisition from GBX 2,040 to GBX 2,170 and gave the stock a “buy” rating in a research note on Tuesday, April 14th. Stifel Nicolaus reissued a “buy” rating and issued a GBX 2,350 price objective on shares of ACG Acquisition in a research note on Tuesday, April 21st. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 2,273.33.

ACG Acquisition Price Performance

ACG Acquisition stock opened at GBX 1,850 on Tuesday. The company has a market capitalization of £428.15 million and a price-to-earnings ratio of -9.07. ACG Acquisition has a one year low of GBX 580 and a one year high of GBX 2,080. The company’s fifty day moving average price is GBX 1,692.13 and its two-hundred day moving average price is GBX 1,517.88.

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.