Nomura Increases Africa-Oil Price Target to $82.00 (AOI)
Analysts at Nomura upped their price target on shares of Africa-Oil (ST:AOI) from $80.00 to $82.00 in a research report issued to clients and investors on Monday, Stock Ratings Network.com reports. The firm currently has a “buy” rating on the stock.
Shares of Africa-Oil (ST:AOI) traded up 1.75% on Monday, hitting $2.91. The stock had a trading volume of 604,977 shares. Africa-Oil has a 52-week low of $2.79 and a 52-week high of $4.23. The stock has a 50-day moving average of $2.90 and a 200-day moving average of $3.5. The company has a market cap of $255.0 million and a P/E ratio of 14.44.
Alliance One International, Inc is engaged in purchasing, processing, packing, storing and shipping tobacco to manufacturers of cigarettes and other consumer tobacco products throughout the world.
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