AG.L (LON:AG) Earns “House Stock” Rating from Shore Capital Group

AG.L (LON:AG)‘s stock had its “house stock” rating reaffirmed by equities researchers at Shore Capital Group in a report issued on Tuesday,London Stock Exchange reports.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 800 price target on shares of AG.L in a research note on Monday, April 20th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of GBX 800.

AG.L Stock Performance

AG.L Company Profile

First Majestic is a publicly traded mining company focused on silver production in Mexico and is aggressively pursuing the development of its existing mineral property assets. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine. Production from these mines are projected to be between 12.5 to 13.9 million silver ounces or 20.6 to 22.9 million silver equivalent ounces in 2021.