Bahamas Petroleum Price Target Lowered to GBX 10 at Canaccord Genuity (BPC)
Canaccord Genuity lowered their price target on shares of Bahamas Petroleum (LON:BPC) from GBX 14 ($0.23) to GBX 10 ($0.16) in a research note issued on Wednesday, AnalystRatings.NET reports. The firm currently has a “speculative buy” rating on the stock. Canaccord Genuity’s price target suggests a potential upside of 143.90% from the stock’s previous close.
Bahamas Petroleum (LON:BPC) traded down 9.39% on Wednesday, hitting GBX 4.10. 1,451,341 shares of the company’s stock traded hands. Bahamas Petroleum has a one year low of GBX 3.20 and a one year high of GBX 7.70. The stock has a 50-day moving average of GBX 4.51 and a 200-day moving average of GBX 4.48.
Bahamas Petroleum Company plc is engaged in the oil and gas exploration in the commonwealth of the Bahamas.
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