Eland Oil & Gas PLC (LON:ELA) had its price objective boosted by stock analysts at Canaccord Genuity from GBX 100 ($1.32) to GBX 115 ($1.51) in a research report issued to clients and investors on Monday. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity’s price objective would indicate a potential upside of 76.92% from the stock’s current price.

Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 90 ($1.18) price target on shares of Eland Oil & Gas PLC in a research note on Tuesday, November 7th.

Eland Oil & Gas PLC (LON ELA) traded up GBX 1 ($0.01) during trading hours on Monday, reaching GBX 65 ($0.85). The company had a trading volume of 64,624 shares, compared to its average volume of 334,646. Eland Oil & Gas PLC has a fifty-two week low of GBX 34 ($0.45) and a fifty-two week high of GBX 75 ($0.99).

ILLEGAL ACTIVITY NOTICE: “Eland Oil & Gas PLC (ELA) Price Target Raised to GBX 115” was published by Watch List News and is the sole property of of Watch List News. If you are accessing this piece of content on another domain, it was illegally stolen and reposted in violation of U.S. and international copyright laws. The original version of this piece of content can be viewed at https://www.watchlistnews.com/eland-oil-gas-plc-ela-price-target-raised-to-gbx-115/1700056.html.

Eland Oil & Gas PLC 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.

Receive News & Ratings for Eland Oil & Gas PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eland Oil & Gas PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.