Pan African Resources PLC (LON:PAF): Peel Hunt Reconfirms “Buy” Rating Today, Has a Target of GBX 14.00/Share

Pan African Resources PLC (LON:PAF) Rating Reaffirmed

In a research report sent to investors and clients on Friday, 30 November, The “Buy” rating of Pan African Resources PLC (LON:PAF) shares was reaffirmed at Peel Hunt, who now has a GBX 14.00 PT on the stock. Peel Hunt’s PT suggests a possible upside of 66.07 % from the last stock price of the company.

Pan African Resources PLC (LON:PAF) Ratings Coverage

Among 3 analysts covering Pan African Resources PLC (LON:PAF), 2 have Buy rating, 1 Sell and 0 Hold. Therefore 67% are positive. Pan African Resources PLC has GBX 16 highest and GBX 14 lowest target. GBX 15’s average target is 76.47% above currents GBX 8.5 stock price. Pan African Resources PLC had 11 analyst reports since July 12, 2018 according to SRatingsIntel. The stock of Pan African Resources PLC (LON:PAF) has “Buy” rating given on Tuesday, November 20 by Peel Hunt. The stock of Pan African Resources PLC (LON:PAF) has “Buy” rating given on Friday, August 17 by Numis Securities. Peel Hunt maintained the shares of PAF in report on Tuesday, November 6 with “Buy” rating. The stock of Pan African Resources PLC (LON:PAF) has “Buy” rating given on Friday, September 7 by Peel Hunt. The rating was maintained by Shore Capital with “Not Rated” on Thursday, September 6. The company was maintained on Friday, July 13 by Numis Securities. The stock has “Buy” rating by Numis Securities on Thursday, September 20. The stock has “Buy” rating by Peel Hunt on Friday, November 30. The rating was maintained by Peel Hunt with “Buy” on Wednesday, September 19.

The stock increased 4.29% or GBX 0.35 during the last trading session, reaching GBX 8.5. About 1.85M shares traded or 59.86% up from the average. Pan African Resources PLC (LON:PAF) has 0.00% since December 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Pan African Resources PLC engages in the exploration of precious metals in South Africa. The company has market cap of 163.91 million GBP. It operates through Barberton Mines, Evander Mines, Corporate, and Funding Company divisions. It currently has negative earnings. The firm primarily explores gold ores, platinum-group elements, and coal.

Another recent and important Pan African Resources PLC (LON:PAF) news was published by Investingnews.com which published an article titled: “Tags – Investing News Network” on May 11, 2018.

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