Eland Oil & Gas (ELA) Rating Reiterated by Peel Hunt
Eland Oil & Gas (LON:ELA)‘s stock had its “buy” rating reiterated by equities researchers at Peel Hunt in a research report issued on Thursday.
Separately, Canaccord Genuity reissued a “buy” rating and issued a GBX 165 ($2.16) price objective on shares of Eland Oil & Gas in a report on Monday, November 12th.
Shares of ELA stock opened at GBX 108 ($1.41) on Thursday. Eland Oil & Gas has a 52-week low of GBX 44.30 ($0.58) and a 52-week high of GBX 91.62 ($1.20).
About Eland Oil & Gas
Eland Oil & Gas PLC, together with its subsidiaries, engages in development, exploration, and production of oil and gas properties in West Africa. The company primarily holds interests in the OML 40 license, which covers an area of 498 square kilometers located in the Niger Delta; and a 40% interest in the Ubima field that covers an area of 65 square kilometers located in the northern part of Rivers State.
Further Reading: Closed-End Mutual Funds (CEFs)
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