Tethys Petroleum PT Lowered to GBX 79 (TPL)
Stock analysts at Cantor Fitzgerald Europe cut their price objective on shares of Tethys Petroleum (LON:TPL) from GBX 86 ($1.45) to GBX 79 ($1.33) in a report issued on Wednesday, American Banking News reports. The firm currently has a “buy” rating on the stock. Cantor Fitzgerald Europe‘s target price indicates a potential upside of 216.00% from the company’s current price.
Shares of Tethys Petroleum (LON:TPL) traded down 6.98% on Wednesday, hitting GBX 25.00. The stock had a trading volume of 1,931,083 shares. Tethys Petroleum has a one year low of GBX 24.80 and a one year high of GBX 66.89. The stock’s 50-day moving average is GBX 27.63 and its 200-day moving average is GBX 32.07.
To view Cantor Fitzgerald Europe’s full report, visit Cantor Fitzgerald Europe’s official website.
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