Breaking Finance News

Amerisur Resources PLC (LON:AMER) target price held steady at 39.00GBX, reported today by Cantor Fitzgerald

Reporting a possible upside of 0.46%, Cantor Fitzgerald held the price target of Amerisur Resources PLC (LON:AMER) at 39GBX.

On Wednesday July 13 2016, Barclays Capital reported about Amerisur Resources PLC(LON:AMER) raised the target price from 34.00GBX to 36.00GBX that indicated a possible upside of 0.00%.

Yesterday Amerisur Resources PLC (LON:AMER) traded 5.32% higher at 26.63GBX. Amerisur Resources PLC’s 50-day average is 25.87GBX and its 200-day average is 27.00GBX. With the last stock close down 13.89% from the two hundred day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. Volume of trade was was up over the average, with 3,955,577 shares of AMER changing hands over the typical 2,596,030 shares..

Performance Graphic:

Amerisur Resources PLC (LON:AMER)

Amerisur Resources PLC has a 52 week low of 16.68GBX and a 52 week high of 34.18GBX . Amerisur Resources PLC’s market capitalization is presently 0.0 GBX.

A total of 9 equity analysts have reported on AMER. Three analysts rate the company a strong buy, two analysts rate the stock a buy, three analyts rate the stock a hold, 0 rate the company to underperform, and finally one brokeragerate the stock as sell with a 12-month target of 0.42GBX

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, and it owns over 5.2 million hectares covering approximately five oil and gas permits in the Paraguayan part of the Chaco and Parana Basins.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter.