President Energy PLC Price Target Cut to GBX 50 by Analysts at Canaccord Genuity (PPC)
Investment analysts at Canaccord Genuity lowered their price target on shares of President Energy PLC (LON:PPC) from GBX 56 ($0.92) to GBX 50 ($0.82) in a note issued to investors on Wednesday, Analyst Ratings Net reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price target suggests a potential upside of 28.19% from the stock’s previous close.
President Energy PLC (LON:PPC) traded up 0.65% on Wednesday, hitting GBX 39.0032. 409,925 shares of the company’s stock traded hands. President Energy PLC has a 52-week low of GBX 14.50 and a 52-week high of GBX 40.00. The stock’s 50-day moving average is GBX 0. and its 200-day moving average is GBX 0..
President Energy PLC, formerly President Petroleum Company PLC, is engaged in are the exploration for and the evaluation and production of oil and gas.
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