Petroceltic International Plc Price Target Cut to GBX 235 by Analysts at Canaccord Genuity (PCI)
Stock analysts at Canaccord Genuity cut their price target on shares of Petroceltic International Plc (LON:PCI) from GBX 250 ($4.12) to GBX 235 ($3.87) in a report issued on Wednesday, Stock Ratings News reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s target price indicates a potential upside of 32.02% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Petroceltic International Plc in a research note to investors on Monday. They now have a GBX 325 ($5.36) price target on the stock. Separately, analysts at Liberum Capital downgraded shares of Petroceltic International Plc to a “hold” rating in a research note to investors on Thursday, January 9th. They now have a GBX 189 ($3.11) price target on the stock, down previously from GBX 218 ($3.59). Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Petroceltic International Plc currently has a consensus rating of “Buy” and an average target price of GBX 196.59 ($3.24).
Petroceltic International plc (LON:PCI) is an international oil and gas exploration, development and production company.
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