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Egdon Resources Plc (LON:EDR)‘s stock had its “buy” rating reaffirmed by analysts at Cantor Fitzgerald Europe in a research report issued to clients and investors on Monday, AnalystRatings.Net reports. They currently have a GBX 17 ($0.28) target price on the stock. Cantor Fitzgerald Europe’s target price would indicate a potential upside of 82.80% from the stock’s previous close.

Separately, analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of Egdon Resources Plc in a research note to investors on Monday. They now have a GBX 17 ($0.28) price target on the stock.

Egdon Resources Plc (LON:EDR) traded up 54.27% during mid-day trading on Monday, hitting GBX 14.4625. The stock had a trading volume of 4,577,202 shares. Egdon Resources Plc has a one year low of GBX 8.00 and a one year high of GBX 12.65. The stock has a 50-day moving average of GBX 8.75 and a 200-day moving average of GBX 9.35.

Egdon Resources plc is engaged in the exploration and development oil and gas reserves in onshore England and France.

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