Analyst Activity – Macquarie Reiterates Outperform on Pan African Resources plc (LON:PAF)

ME Staff
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Analyst Ratings For Pan African Resources plc (LON:PAF)

Today, Macquarie reiterated its Outperform rating on Pan African Resources plc (LON:PAF) with a price target of GBX 17.

There are 2 hold ratings, 3 buy ratings on the stock.

The current consensus rating on Pan African Resources plc (LON:PAF) is Buy (Score: 2.60) with a consensus target price of GBX 23.20 per share, a potential .

Some recent analyst ratings include

  • 3/3/2017-Macquarie Reiterated Rating of Outperform.
  • 2/27/2017-Peel Hunt was Downgraded by analysts at Peel Hunt from a “Add” rating to a “” rating. They now have a GBX 19 price target on the stock, up previously from GBX 18 .
  • 2/23/2017-Numis Securities Ltd Reiterated Rating of Buy.
  • 1/12/2017-FinnCap Reiterated Rating of Hold.
  • 9/23/2016-HSBC Holdings plc Reiterated Rating of Buy.
  • 9/16/2015-WH Ireland Upgrade from a “Buy” rating to a “” rating.
  • 6/9/2015-Investec Reiterated Rating of Buy.


    About Pan African Resources plc (LON:PAF)
    Pan African Resources PLC is a precious metals producer engaged in mining. The Company operates through six segments: Barberton Mines, located in Barberton South Africa, derives revenue from sale of gold to South African financial institutions; Evander Gold Mining Proprietary Limited and Evander Gold Mines Limited (collectively known as Evander Mines), located in Evander South Africa, derives revenue from sale of gold to South African financial institutions; Phoenix Platinum, located in North West province in South Africa, derives revenue from sale of platinum group element concentrate to Western Platinum Limited; Uitkomst Colliery, located in Newcastle, KwaZulu-Natal, derives revenue from sale of coal to local and export markets; Corporate office and growth projects, including PAR Gold Proprietary Limited, derives revenue from management fee from providing management and administration services to other group companies, and Funding Company, which provides treasury function activities.

    Recent Trading Activity for Pan African Resources plc (LON:PAF)
    Shares of Pan African Resources plc closed the previous trading session at 16.95 down -0.30 -1.71% with 5,227,493 shares trading hands.