Dragon Oil plc Given Outperform Rating at Davy Research (DGO)
Dragon Oil plc (LON:DGO)‘s stock had its “outperform” rating reaffirmed by equities researchers at Davy Research in a research report issued on Friday, Stock Ratings Network reports.
Separately, analysts at Nomura cut their price target on shares of Dragon Oil plc (LON:DGO) from GBX 800 ($12.91) to GBX 750 ($12.10) in a research note to investors on Wednesday. They now have a “buy” rating on the stock.
Shares of Dragon Oil plc (LON:DGO) opened at 583.50 on Friday. Dragon Oil plc has a 52 week low of GBX 483.75 and a 52 week high of GBX 669.00. The stock has a 50-day moving average of GBX 103.9 and a 200-day moving average of GBX 72.90. The company’s market cap is £2.867 billion.
Dragon Oil plc is engaged in exploration, development and production of oil and gas in Turkmenistan, Yemen and Tunisia.
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