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Igas Energy (LON:IGAS)‘s stock had its “buy” rating reiterated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Wednesday, AnalystRatings.Net reports. They currently have a GBX 133 ($2.18) target price on the stock. Numis Securities Ltd’s price target points to a potential downside of 11.43% from the stock’s previous close.

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 180 ($2.95) to GBX 170 ($2.79) in a research note to investors on Monday, January 13th. They now have a “buy” rating on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Igas Energy in a research note to investors on Monday, January 13th. They now have a GBX 195 ($3.20) price target on the stock. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Igas Energy presently has an average rating of “Buy” and an average price target of GBX 175 ($2.87).

IGas Energy plc is exploring for, appraising, developing and producing oil and gas resources in Great Britain.

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