HSBC Reiterates GBX 260.00 Target On Mitchells Butlers PLC (LON:MAB), Reiterates Hold Rating; Asanko Gold (NYSEAMERICAN:AKG) Shorts Down By 15.57%

Asanko Gold Incorporated (NYSEAMERICAN:AKG) had a decrease of 15.57% in short interest. AKG’s SI was 4.16M shares in February as released by FINRA. Its down 15.57% from 4.93M shares previously. With 1.43M avg volume, 3 days are for Asanko Gold Incorporated (NYSEAMERICAN:AKG)’s short sellers to cover AKG’s short positions. The SI to Asanko Gold Incorporated’s float is 2.23%. The stock decreased 3.64% or $0.0364 during the last trading session, reaching $0.9636. About 586,428 shares traded. Asanko Gold Inc. (NYSEAMERICAN:AKG) has declined 36.84% since February 16, 2017 and is downtrending. It has underperformed by 53.54% the S&P500.

HSBC currently has a GBX 260.00 target on the 1.00 billion GBP market cap company or 10.45% upside potential. In a research report issued to clients and investors on 16 February, Mitchells Butlers PLC (LON:MAB) stock had its Hold Rating kept by analysts at HSBC.

Asanko Gold Inc. engages in the exploration, development, and production of gold properties. The company has market cap of $196.14 million. The Company’s principal project is the Asanko Gold Mine, which consists of two gold projects, such as the Obotan Project and the Esaase Project located in the Amansie West District of the Republic of Ghana, West Africa. It has a 64.24 P/E ratio. The firm was formerly known as Keegan Resources Inc. and changed its name to Asanko Gold Inc. in February 2013.

The stock increased 1.64% or GBX 3.8 during the last trading session, reaching GBX 235.4. About 28,474 shares traded. Mitchells & Butlers plc (LON:MAB) has 0.00% since February 16, 2017 and is . It has underperformed by 16.70% the S&P500.

Mitchells & Butlers plc managed pubs and restaurants in the United Kingdom and Germany. The company has market cap of 1.00 billion GBP. The firm operates through Retail Operating Business and Property Business divisions. It has a 15.69 P/E ratio. It operates its pubs and restaurants under the Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Oak Tree Pubs, Crown Carveries, Stonehouse, Vintage Inns, Browns, Castle, Nicholson??s, O??Neill??s, Innkeeper's Lodge, Alex, and Ember Inns brands and formats.

Among 21 analysts covering Mitchells Butlers PLC (LON:MAB), 6 have Buy rating, 4 Sell and 11 Hold. Therefore 29% are positive. Mitchells Butlers PLC has GBX 523 highest and GBX 210 lowest target. GBX 316.79’s average target is 34.58% above currents GBX 235.4 stock price. Mitchells Butlers PLC had 167 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Add” rating by Peel Hunt given on Friday, January 5. The firm earned “Buy” rating on Thursday, July 30 by Goodbody. The company was maintained on Tuesday, September 22 by JP Morgan. Stifel Nicolaus maintained it with “Buy” rating and GBX 465 target in Tuesday, December 22 report. Canaccord Genuity maintained it with “Hold” rating and GBX 240 target in Thursday, November 23 report. On Friday, November 24 the stock rating was maintained by Deutsche Bank with “Hold”. The stock has “Neutral” rating by JP Morgan on Friday, July 28. The company was maintained on Thursday, May 19 by Panmure Gordon. On Friday, February 5 the stock rating was maintained by HSBC with “Buy”. The rating was maintained by Canaccord Genuity on Friday, February 19 with “Buy”.

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