Mediterranean Oil & Gas PLC Price Target Cut to GBX 20 (MOG)
Analysts at Liberum Capital reduced their price target on shares of Mediterranean Oil & Gas PLC (LON:MOG) from GBX 22 ($0.35) to GBX 20 ($0.32) in a research report issued to clients and investors on Thursday, American Banking News reports. The firm currently has a “buy” rating on the stock. Liberum Capital’s target price points to a potential upside of 226.53% from the stock’s previous close.
Shares of Mediterranean Oil & Gas PLC (LON:MOG) opened at 6.15 on Thursday. Mediterranean Oil & Gas PLC has a 52 week low of GBX 6.00 and a 52 week high of GBX 15.95. The stock’s 50-day moving average is GBX 6.79 and its 200-day moving average is GBX 8.12.
Separately, analysts at RBC Capital reiterated a “sector performer” rating on shares of Mediterranean Oil & Gas PLC (LON:MOG) in a research note to investors on Friday, July 19th.
Mediterranean Oil & Gas Plc (LON:MOG) is engaged in oil and gas exploration, development and production.
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