Sanlam Securities Reiterates Buy Rating for Edge Resources (EDG)
Edge Resources (LON:EDG)‘s stock had its “buy” rating restated by Sanlam Securities in a research note issued on Friday, Stock Ratings News reports. They currently have a GBX 10 ($0.16) price target on the stock. Sanlam Securities’ target price indicates a potential upside of 33.33% from the stock’s previous close.
Shares of Edge Resources (LON:EDG) opened at 7.5003 on Friday. Edge Resources has a 52-week low of GBX 5.50 and a 52-week high of GBX 19.50. The stock’s 50-day moving average is GBX 7.46 and its 200-day moving average is GBX 7.31.
Edge Resources Inc (LON:EDG) is a junior oil and gas company.
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