Circle Oil Rating Reiterated by Liberum Capital (COP)
Circle Oil (LON:COP)‘s stock had its “buy” rating reiterated by equities researchers at Liberum Capital in a research report issued on Friday, Analyst Ratings Network.com reports. They currently have a GBX 50 ($0.82) target price on the stock. Liberum Capital’s target price suggests a potential upside of 109.21% from the stock’s previous close.
Shares of Circle Oil (LON:COP) traded up 0.63% during mid-day trading on Friday, hitting GBX 23.90. 4,206,630 shares of the company’s stock traded hands. Circle Oil has a one year low of GBX 15.01 and a one year high of GBX 25.95. The stock has a 50-day moving average of GBX 20.1 and a 200-day moving average of GBX 19.25.
Separately, analysts at Investec cut their price target on shares of Circle Oil from GBX 68 ($1.12) to GBX 50 ($0.82) in a research note to investors on Monday, December 16th. They now have a “buy” rating on the stock.
Circle Oil PLC (LON:COP) is an oil and gas exploration company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.