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Amedeo Resources PLC (LON:AMED)‘s stock had its “buy” rating reaffirmed by equities researchers at Daniel Stewart & Co in a research report issued on Friday, StockRatingsNetwork reports. They currently have a GBX 2 ($0.03) target price on the stock. Daniel Stewart & Co’s price objective indicates a potential upside of 115.98% from the company’s current price.

Amedeo Resources PLC (LON:AMED) traded up 8.94% during mid-day trading on Friday, hitting GBX 0.926. The stock had a trading volume of 4,831,615 shares. Amedeo Resources PLC has a one year low of GBX 0.40 and a one year high of GBX 1.117. The stock’s 50-day moving average is GBX 0. and its 200-day moving average is GBX 0..

AMED has been the subject of a number of other recent research reports. Analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of Amedeo Resources PLC in a research note on Tuesday, April 22nd.

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