Can analysts adopt a bullish outlook for Amerisur Resources plc (LON:AMER)?

August 11, 2017 - By Ellis Scott

 Can analysts adopt a bullish outlook for Amerisur Resources plc (LON:AMER)?

Amerisur Resources plc (LON:AMER) Ratings Coverage

Among 7 analysts covering Amerisur Resources PLC (LON:AMER), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Amerisur Resources PLC had 71 analyst reports since September 7, 2015 according to SRatingsIntel. On Friday, June 3 the stock rating was maintained by Cantor Fitzgerald with “Buy”. The company was maintained on Thursday, January 5 by Macquarie Research. Cantor Fitzgerald maintained the stock with “Buy” rating in Thursday, May 25 report. The firm has “Overweight” rating by Barclays Capital given on Friday, January 6. The rating was downgraded by Barclays Capital to “Equal Weight” on Thursday, June 22. The stock of Amerisur Resources plc (LON:AMER) has “House Stock” rating given on Monday, June 12 by Shore Capital. The company was maintained on Tuesday, March 15 by Barclays Capital. The firm earned “Buy” rating on Tuesday, January 26 by Investec. The stock has “Buy” rating by Cantor Fitzgerald on Tuesday, July 12. Cantor Fitzgerald maintained the shares of AMER in report on Thursday, March 9 with “Buy” rating. Below is a list of Amerisur Resources plc (LON:AMER) latest ratings and price target changes.

09/08/2017 Broker: Peel Hunt Rating: Hold Old Target: GBX 20.00 New Target: GBX 20.00 Maintain
21/07/2017 Broker: Peel Hunt Rating: Hold Old Target: GBX 25.00 New Target: GBX 20.00 Maintain
22/06/2017 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 29.00 New Target: GBX 26.00 Downgrade
21/06/2017 Broker: Macquarie Research Rating: Neutral Old Target: GBX 29.00 New Target: GBX 27.00 Maintain
12/06/2017 Broker: Shore Capital Rating: House Stock Maintain
30/05/2017 Broker: Shore Capital Rating: House Stock Maintain
25/05/2017 Broker: Cantor Fitzgerald Rating: Buy Old Target: GBX 45.00 New Target: GBX 45.00 Maintain
24/05/2017 Broker: Peel Hunt Rating: Hold Old Target: GBX 25.00 New Target: GBX 25.00 Downgrade
05/05/2017 Broker: Barclays Capital Rating: Overweight Old Target: GBX 29.00 New Target: GBX 29.00 Maintain
04/05/2017 Broker: Shore Capital Rating: House Stock Maintain

The stock decreased 1.88% or GBX 0.32 on August 11, reaching GBX 16.68. About 148,619 shares traded. Amerisur Resources plc (LON:AMER) has 0.00% since August 11, 2016 and is . It has underperformed by 16.70% the S&P500.

Amerisur Resources plc is an independent full-cycle gas and oil company. The company has market cap of 202.84 million GBP. The Company’s principal activity is investing in gas and oil exploration and development in South America, principally in Paraguay and Colombia. It currently has negative earnings. It operates through oil exploration and development segment.

Another recent and important Amerisur Resources plc (LON:AMER) news was published by Fool.Co.Uk which published an article titled: “Why I Would Buy Amerisur Resources plc Instead Of BP Plc And Royal Dutch Shell Plc” on June 12, 2015.

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