Jefferies Group Reiterates Buy Rating for Igas Energy (IGAS)
Igas Energy (LON:IGAS)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Group in a report issued on Monday, AnalystRatings.Net reports. They currently have a GBX 195 ($3.21) price target on the stock. Jefferies Group’s price target would indicate a potential upside of 81.40% from the company’s current price.
Igas Energy (LON:IGAS) opened at 117.824 on Monday. Igas Energy has a one year low of GBX 67.02 and a one year high of GBX 135.00. The stock’s 50-day moving average is GBX 107.0 and its 200-day moving average is GBX 109.9.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity cut their price target on shares of Igas Energy from GBX 181 ($2.98) to GBX 180 ($2.97) in a research note to investors on Wednesday, November 27th. They now have a “buy” rating on the stock. Analysts at Beaufort Securities downgraded shares of Igas Energy to a “hold” rating in a research note to investors on Wednesday, November 27th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Igas Energy has a consensus rating of “Buy” and an average target price of GBX 173.75 ($2.86).
IGas Energy plc is exploring for, appraising, developing and producing oil and gas resources in Great Britain.
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