Amerisur Resources plc (LON:AMER) PT Lowered to GBX 20 at Peel Hunt

Amerisur Resources plc (LON:AMER) had its price target cut by Peel Hunt from GBX 25 ($0.32) to GBX 20 ($0.26) in a report issued on Friday, July 21st. They currently have a hold rating on the stock.

Other equities analysts have also issued reports about the company. Barclays PLC lowered Amerisur Resources plc to an equal weight rating and reduced their price target for the stock from GBX 29 ($0.38) to GBX 26 ($0.34) in a research report on Thursday, June 22nd. Shore Capital restated a house stock rating on shares of Amerisur Resources plc in a research report on Thursday, May 4th. Finally, Macquarie reduced their price target on Amerisur Resources plc from GBX 29 ($0.38) to GBX 27 ($0.35) and set a neutral rating on the stock in a research report on Wednesday, June 21st. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of GBX 30.60 ($0.40).

Amerisur Resources plc (LON:AMER) traded down 3.12% during mid-day trading on Friday, hitting GBX 15.50. The stock had a trading volume of 142,948 shares. Amerisur Resources plc has a 52 week low of GBX 15.50 and a 52 week high of GBX 32.75. The company’s 50 day moving average price is GBX 17.75 and its 200 day moving average price is GBX 21.77. The firm’s market cap is GBX 188.05 million.

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About Amerisur Resources plc

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.

Analyst Recommendations for Amerisur Resources plc (LON:AMER)

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