Northland Capital Partners Reiterates “Buy” Rating for Eland Oil & Gas PLC (ELA)
Eland Oil & Gas PLC (LON:ELA)‘s stock had its “buy” rating reaffirmed by analysts at Northland Capital Partners in a research report issued to clients and investors on Monday, ARN reports. They currently have a GBX 161 ($2.64) price objective on the stock. Northland Capital Partners’ target price points to a potential upside of 56.31% from the company’s current price.
Eland Oil & Gas PLC (LON:ELA) opened at 108.25 on Monday. Eland Oil & Gas PLC has a 1-year low of GBX 87.00 and a 1-year high of GBX 132.90. The stock has a 50-day moving average of GBX 99.0 and a 200-day moving average of GBX 112.4.
Separately, analysts at Davy Research reiterated an “outperform” rating on shares of Eland Oil & Gas PLC in a research note to investors on Wednesday, October 16th.
Eland Oil & Gas PLC is United Kingdom-based company. The Company is engaged in exploration, development and production of oil and gas reserves in West Africa.
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