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Aquarius Platinum Ltd Rating Reiterated by Investec (AQP)

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Aquarius Platinum Ltd logoAquarius Platinum Ltd (LON: AQP)‘s stock had its “hold” rating restated by investment analysts at Investec in a note issued to investors on Tuesday, AnalystRatingsNetwork.com reports. They currently have a GBX 46 ($0.70) price target on the stock, up from their previous price target of GBX 45 ($0.68). Investec’s price objective points to a potential upside of 15.72% from the company’s current price.

A number of other firms have also recently commented on AQP. Analysts at Bank of America reiterated a “neutral” rating on shares of Aquarius Platinum Ltd in a research note to investors on Wednesday, June 26th. They now have a GBX 52 ($0.79) price target on the stock. Separately, analysts at Panmure Gordon raised their price target on shares of Aquarius Platinum Ltd from GBX 100 ($1.52) to GBX 112 ($1.70) in a research note to investors on Tuesday, June 25th. They now have a “buy” rating on the stock. Finally, analysts at Westhouse Securities reiterated a “sell” rating on shares of Aquarius Platinum Ltd in a research note to investors on Tuesday, June 25th. They now have a GBX 35 ($0.53) price target on the stock.

Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 57.79 ($0.88).

Shares of Aquarius Platinum Ltd (LON: AQP) traded down 0.63% during mid-day trading on Tuesday, hitting GBX 39.50. Aquarius Platinum Ltd has a 52 week low of GBX 33.13 and a 52 week high of GBX 75.50. The stock’s 50-day moving average is currently GBX 41.81. The company’s market cap is £188.8 million.

Aquarius Platinum Limited (LON: AQP) is engaged mine development, concentrate production and investment.


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