Amerisur Resources plc (AMER) Stock Rating Upgraded by Peel Hunt

Amerisur Resources plc (LON:AMER) was upgraded by analysts at Peel Hunt to a “hold” rating in a research note issued to investors on Wednesday. The firm currently has a GBX 25 ($0.33) target price on the stock, down from their previous target price of GBX 26 ($0.34).

A number of other equities research analysts have also recently commented on AMER. Shore Capital reiterated a “house stock” rating on shares of Amerisur Resources plc in a research note on Tuesday, May 31st. Barclays PLC increased their price target on Amerisur Resources plc from GBX 30 ($0.39) to GBX 34 ($0.44) and gave the company an “equal weight” rating in a research note on Thursday, June 9th. Finally, Macquarie reiterated a “neutral” rating and issued a GBX 27 ($0.35) price target on shares of Amerisur Resources plc in a research note on Friday, September 16th. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Amerisur Resources plc has an average rating of “Hold” and an average price target of GBX 30.50 ($0.40).

Amerisur Resources plc (LON:AMER) opened at 25.00 on Wednesday. Amerisur Resources plc has a 1-year low of GBX 16.68 and a 1-year high of GBX 34.18. The firm has a 50-day moving average price of GBX 25.16 and a 200 day moving average price of GBX 26.75. The company’s market capitalization is GBX 302.08 million.

Amerisur Resources plc Company Profile

Amerisur Resources plc is an independent full-cycle oil and gas company. The Company’s principal activity is investing in oil and gas exploration and development in South America, principally in Paraguay and Colombia. It operates through oil exploration and development segment. It operates in Colombia, Paraguay and the United Kingdom.

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