Key Points
- Insider sale: Keith Spencer sold 1,000,000 shares on April 17 at GBX 157, for a total of £1,570,000.
- Current stock/valuation: Pan African Resources opened at GBX 163.12, with a 12‑month range of GBX 42.65–185, a market cap of £3.31bn and a PE ratio of 13.64.
- Analyst view: The stock carries a consensus Buy rating with an average target price of GBX 170.50 after recent price‑target changes from Canaccord and Berenberg.
Pan African Resources PLC (LON:PAF - Get Free Report) insider Keith Spencer sold 1,000,000 shares of the company's stock in a transaction dated Friday, April 17th. The shares were sold at an average price of GBX 157, for a total transaction of £1,570,000.
Pan African Resources Stock Performance
LON:PAF opened at GBX 163.12 on Tuesday. Pan African Resources PLC has a 12-month low of GBX 42.65 and a 12-month high of GBX 185. The company has a quick ratio of 0.74, a current ratio of 0.98 and a debt-to-equity ratio of 20.15. The firm has a market capitalization of £3.31 billion, a PE ratio of 13.64, a price-to-earnings-growth ratio of 8.95 and a beta of 0.85. The firm has a 50-day moving average price of GBX 152.79 and a 200 day moving average price of GBX 124.17.
Analyst Ratings Changes
PAF has been the subject of several recent research reports. Canaccord Genuity Group increased their price target on shares of Pan African Resources from GBX 135 to GBX 160 and gave the stock a "buy" rating in a research report on Thursday, February 5th. Berenberg Bank dropped their price target on shares of Pan African Resources from GBX 190 to GBX 181 and set a "buy" rating for the company in a research report on Tuesday, March 10th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of GBX 170.50.
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