Petroceltic International PLC Receives “Buy” Rating from Nplus1 Brewin (PCI)
Petroceltic International PLC (LON:PCI)‘s stock had its “buy” rating restated by stock analysts at Nplus1 Brewin in a report issued on Friday, Analyst Ratings.Net reports. They currently have a GBX 280 ($4.70) target price on the stock. Nplus1 Brewin’s price objective indicates a potential upside of 68.11% from the stock’s previous close.
Shares of Petroceltic International PLC (LON:PCI) opened at 166.5578 on Friday. Petroceltic International PLC has a 52 week low of GBX 129.00 and a 52 week high of GBX 187.75. The stock has a 50-day moving average of GBX 166.1 and a 200-day moving average of GBX 162.4.
A number of other firms have also recently commented on PCI. Analysts at Westhouse Securities reiterated a “buy” rating on shares of Petroceltic International PLC in a research note on Friday. They now have a GBX 280 ($4.70) price target on the stock. Separately, analysts at Davy Research reiterated an “outperform” rating on shares of Petroceltic International PLC in a research note on Tuesday, April 8th. Finally, analysts at Canaccord Genuity cut their price target on shares of Petroceltic International PLC from GBX 235 ($3.95) to GBX 190 ($3.19) in a research note on Tuesday, April 8th. They now have a “buy” rating on the stock. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of GBX 244.33 ($4.10).
Petroceltic International plc (LON:PCI) is an international oil and gas exploration, development and production company.
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