Eland Oil & Gas (LON:ELA) had its target price raised by Peel Hunt from GBX 100 ($1.36) to GBX 120 ($1.63) in a report published on Monday morning. Peel Hunt currently has a buy rating on the stock.

ELA has been the subject of several other reports. Canaccord Genuity increased their price target on Eland Oil & Gas from GBX 100 ($1.36) to GBX 115 ($1.56) and gave the stock a buy rating in a report on Monday, November 13th. Canaccord Genuity Group increased their price target on Eland Oil & Gas from GBX 100 ($1.36) to GBX 115 ($1.56) and gave the stock a buy rating in a report on Monday, November 13th.

Shares of Eland Oil & Gas (ELA) opened at GBX 77.31 ($1.05) on Monday. Eland Oil & Gas has a fifty-two week low of GBX 44.30 ($0.60) and a fifty-two week high of GBX 80 ($1.08). The firm has a market capitalization of $169.82 and a price-to-earnings ratio of 1,546.20.

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Eland Oil & Gas Company Profile

Eland Oil & Gas PLC is a United Kingdom-based independent oil and gas company. The Company focuses on the production and development in West Africa, primarily in the Niger Delta region of Nigeria. It focuses on building and developing a portfolio of producing upstream oil and gas assets in West Africa.

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