President Energy (LON:PPC) had its target price upped by analysts at Peel Hunt from GBX 11 ($0.15) to GBX 12 ($0.16) in a research report issued to clients and investors on Monday. The firm presently has a “buy” rating on the stock. Peel Hunt’s price objective suggests a potential upside of 26.32% from the company’s current price.
Separately, FinnCap restated a “corporate” rating and set a GBX 21 ($0.28) target price on shares of President Energy in a research report on Friday, November 10th.
Shares of President Energy (LON:PPC) opened at GBX 9.50 ($0.13) on Monday. President Energy has a 1 year low of GBX 5.49 ($0.07) and a 1 year high of GBX 12.50 ($0.17). The stock has a market cap of $101.01 and a P/E ratio of -475.00.
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About President Energy
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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