Bow Leven’s Buy Rating Reaffirmed at Nplus1 Brewin (BLVN)
Bow Leven (LON: BLVN) traded up 3.45% on Wednesday, hitting GBX 98.5326. Bow Leven has a 52-week low of GBX 53.00 and a 52-week high of GBX 111.75. The stock’s 50-day moving average is currently GBX 75.43.
BLVN has been the subject of a number of other recent research reports. Analysts at Barclays Capital reiterated an “overweight” rating on shares of Bow Leven in a research note to investors on Thursday, March 7th. They now have a $3.53 price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Bow Leven in a research note to investors on Wednesday, March 6th. They now have a $2.93 price target on the stock. Finally, analysts at Deutsche Bank cut their price target on shares of Bow Leven from $1.28 to $1.21 in a research note to investors on Monday, February 25th. They now have a “hold” rating on the stock.
One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $2.78 (184 GBX).
Bowleven plc is engaged in oil and gas exploration. It holds, through its wholly owned subsidiary, EurOil Limited, a 75% equity interest in the Etinde Permit area being three shallow water blocks in offshore Cameroon, West Africa: Blocks MLHP 5, MLHP 6 and MLHP 7.
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