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A statement released earlier today by Macquarie about Amerisur Resources PLC (LON:AMER) bumps down the target price to 27.00GBX

Macquarie bumped down the target of Amerisur Resources PLC (LON:AMER) to 27.00GBX stating a potential upside of 0.30%.

On 05/25/2017, Cantor Fitzgerald released a statement for Amerisur Resources PLC (LON:AMER) maintained the target price at 45.00GBX that suggested an upside of 0.74%.

Boasting a price of 20.75GBX, Amerisur Resources PLC (LON:AMER) traded 3.17% higher on the day. With the last close up -21.22% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same time. The company has recorded a 50-day moving average of 16.43GBX and a 200-day moving average of 20.63GBX. 346,609 shares of the stock were exchanged, down from an average trading volume of 1,914,860

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Amerisur Resources PLC (LON:AMER)

Amerisur Resources PLC has a 52 week low of 14.50GBX and a 52 week high of 32.75GBX The company’s market cap is currently 0 GBX.

In addition to Macquarie reporting its target price, a total of 9 firms have reported on the stock. The consensus target price is 0.42GBX with 3 firms rating the stock a strong buy, 2 firms rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.

About Amerisur Resources PLC (LON:AMER)

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. In Colombia, it is an operator and has interest in the Platanillo block, which includes the Platanillo field, an approximately 11,341-hectare block located in the Putumayo Basin. It has interests in block Put-12, which is adjacent to Platanillo. It also has interest in Put-30, an approximately 38,514-hectare block. In addition, the Company has an interest in the CPO-5 contract, located in the Llanos basin and a working interest in the Tacacho contract, located in the Caguan-Putumayo basin. In Paraguay, it owns over 5.2 million hectares covering approximately five oil and gas permits in the Paraguayan part of the Chaco and Parana Basins.

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