Pan African Resources ( LON:PAF – Get Rating ) had its price objective cut by equities researchers at Berenberg Bank from GBX 33 ($0.41) to GBX 27 ($0.34) in a note issued to investors on Friday, Digital Look reports. The firm currently has a 'buy' rating on the stock. Berenberg Bank's price objective suggests a potential upside of 107.04% from the company's current price. Pan African Resources Price Performance Shares of PAF stock traded down GBX 3.84 ($0.05) during mid-day trading on Friday, reaching GBX 13.

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