Heritage Oil PT Raised to GBX 225 at UBS AG (HOIL)
Investment analysts at UBS AG raised their price objective on shares of Heritage Oil (LON:HOIL) from GBX 220 ($3.61) to GBX 225 ($3.69) in a note issued to investors on Wednesday, Stock Ratings Network reports. The firm currently has a “buy” rating on the stock. UBS AG’s target price indicates a potential upside of 25.70% from the company’s current price.
A number of other analysts have also recently weighed in on HOIL. Analysts at Canaccord Genuity cut their price target on shares of Heritage Oil from GBX 310 ($5.09) to GBX 265 ($4.35) in a research note to investors on Wednesday, January 15th. They now have a “buy” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Heritage Oil in a research note to investors on Thursday, January 9th. They now have a GBX 245 ($4.02) price target on the stock. Finally, analysts at Northland Capital Partners reiterated a “buy” rating on shares of Heritage Oil in a research note to investors on Thursday, January 9th. They now have a GBX 237 ($3.89) price target on the stock. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of GBX 223.56 ($3.67).
Heritage Oil (LON:HOIL) opened at 181.25 on Wednesday. Heritage Oil has a 52 week low of GBX 121.70 and a 52 week high of GBX 224.70. The stock has a 50-day moving average of GBX 155.3 and a 200-day moving average of GBX 169.7. The company’s market cap is £467.5 million.
Heritage Oil Plc is an independent international oil and gas exploration, development and production company in Africa, the Middle East, Russia and South Asia.
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