President Energy PLC (PPC) Given Corporate Rating at FinnCap
President Energy PLC (LON:PPC)‘s stock had its “corporate” rating reissued by equities researchers at FinnCap in a research note issued to investors on Monday. They presently have a GBX 21 ($0.28) target price on the stock. FinnCap’s price target points to a potential upside of 158.46% from the company’s current price.
Separately, Peel Hunt lifted their price target on shares of President Energy PLC from GBX 10 ($0.13) to GBX 11 ($0.15) and gave the company a “buy” rating in a report on Monday, October 2nd.
Shares of President Energy PLC (LON:PPC) opened at 8.12 on Monday. The company’s market capitalization is GBX 77.48 million. President Energy PLC has a 52 week low of GBX 5.42 and a 52 week high of GBX 8.50. The firm’s 50-day moving average is GBX 7.09 and its 200 day moving average is GBX 6.91.
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About President Energy PLC
President Energy PLC is engaged in the exploration for and the evaluation and production of oil and gas. Its segment includes the exploration and production of hydrocarbons. The Company has oil and gas production in two geographical markets: the United States and Argentina. It has exploration assets in Paraguay, Argentina, the United States and Australia.
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