Egdon Resources Plc Receives Buy Rating from Cantor Fitzgerald (EDR)
Egdon Resources Plc (LON:EDR)‘s stock had its “buy” rating reiterated by Cantor Fitzgerald in a research note issued on Monday, Analyst RN reports. They currently have a GBX 17 ($0.28) target price on the stock. Cantor Fitzgerald’s price objective indicates a potential upside of 17.24% from the company’s current price.
Egdon Resources Plc (LON:EDR) traded up 57.33% on Monday, hitting GBX 14.75. 5,376,488 shares of the company’s stock traded hands. 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 8.95 and a 200-day moving average of GBX 9.39.
Egdon Resources plc is engaged in the exploration and development oil and gas reserves in onshore England and France.
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