Published On: Mon, Feb 27th, 2017

Acacia Mining (LON:ACA) Recent Analyst Updates


A number of investment brokers have recently updated their price targets on shares of Acacia Mining (LON:ACA). According to the latest broker reports outstanding on Monday 27th of February, 11 analyst has a rating of “strong buy”, 0 analysts “buy”, 6 analysts “neutral”, 2 analysts “sell” and 1 analysts “strong sell”.

Most recent broker ratings

20/02/2017 – Acacia Mining had its “Buy” rating reiterated by analysts at UBS. They now have a GBP 600.00p price target on the stock.

15/02/2017 – Acacia Mining was upgraded to “Buy” by analysts at Numis Securities. They now have a GBP 600.00p price target on the stock.

15/02/2017 – Acacia Mining had its “Outperform” rating reiterated by analysts at Credit Suisse. They now have a GBP 600.00p price target on the stock.

15/02/2017 – Acacia Mining had its “Buy” rating reiterated by analysts at Jefferies. They now have a GBP 575.00p price target on the stock.

14/02/2017 – Acacia Mining had its “Buy” rating reiterated by analysts at Canaccord Genuity. They now have a GBP 465.00p price target on the stock.

20/01/2017 – Acacia Mining had its “Overweight” rating reiterated by analysts at JP Morgan Cazenove. They now have a GBP 580.00p price target on the stock.

19/01/2017 – Acacia Mining had its “Outperform” rating reiterated by analysts at Credit Suisse. They now have a GBP 625.00p price target on the stock.

16/01/2017 – Acacia Mining had its “Buy” rating reiterated by analysts at Canaccord Genuity. They now have a GBP 445.00p price target on the stock.

16/01/2017 – Acacia Mining had its “Buy” rating reiterated by analysts at Deutsche. They now have a GBP 550.00p price target on the stock.

10/01/2017 – Acacia Mining had its “Buy” rating reiterated by analysts at Jefferies. They now have a GBP 550.00p price target on the stock.

09/01/2017 – Acacia Mining had its “Equal-weight” rating reiterated by analysts at Barclays. They now have a GBP 390.00p price target on the stock.

14/12/2016 – Acacia Mining had its “Overweight” rating reiterated by analysts at JP Morgan Cazenove. They now have a GBP 590.00p price target on the stock.

07/12/2016 – Acacia Mining had its “Outperform” rating reiterated by analysts at Credit Suisse. They now have a GBP 625.00p price target on the stock.

01/12/2016 – Acacia Mining had its “Overweight” rating reiterated by analysts at JP Morgan Cazenove. They now have a GBP 620.00p price target on the stock.

01/12/2016 – Acacia Mining had its “Buy” rating reiterated by analysts at Deutsche. They now have a GBP 580.00p price target on the stock.

The share price of Acacia Mining (LON:ACA) was up +1.52% during the last session with a day high of 539.50. 1053318 shares were traded during the last trading session.

The stock’s 50 day moving average is 449.86 and its 200 day moving average is 464.82. The stock’s market capitalization is 2.19B. Acacia Mining has a 52-week low of 243.30 and a 52-week high of 615.00.

Acacia Mining Plc (Acacia), formerly African Barrick Gold Plc, is a gold miner and producer of gold in Africa. The Company is engaged in the mining, processing and sale of gold business. Its segments are North Mara gold mine, Bulyanhulu gold mine, Buzwagi gold mine, and Corporate and Exploration segment. It has approximately three producing mines, such as Bulyanhulu, Buzwagi and North Mara. The Bulyanhulu gold mine is located in north-west Tanzania, in the Kahama district of the Shinyanga region, over 50 kilometers south of Lake Victoria and over 150 kilometers south-west of the city of Mwanza. The Buzwagi mine is located in north-west Tanzania in the Kahama district of the Shinyanga region, over 90 kilometers from Bulyanhulu and over six kilometers south-east from the town of Kahama. The North Mara gold mine is located in north-west Tanzania in the Tarime district of the Mara region, over 100 kilometers east of Lake Victoria and approximately 20 kilometers south of the Kenyan border.