Falkland Oil and Gas Limited’s Buy Rating Reaffirmed at Jefferies Group (FOGL)
Falkland Oil and Gas Limited (LON:FOGL)‘s stock had its “buy” rating reiterated by Jefferies Group in a research note issued on Thursday, AR Network reports. They currently have a GBX 60 ($0.97) price target on the stock. Jefferies Group’s price target indicates a potential upside of 110.53% from the company’s current price.
Falkland Oil and Gas Limited (LON:FOGL) traded down 2.37% during mid-day trading on Thursday, hitting GBX 27.825. The stock had a trading volume of 3,699,469 shares. Falkland Oil and Gas Limited has a 1-year low of GBX 24.25 and a 1-year high of GBX 70.00. The stock’s 50-day moving average is GBX 29.17 and its 200-day moving average is GBX 27.83.
Falklandoil and Gas Limited (LON:FOGL) is an oil and gas exploration company operating in the South and East Falkland Basins.
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