Petroceltic International PLC Receives “Buy” Rating from Canaccord Genuity (PCI)
Petroceltic International PLC (LON:PCI)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity in a research note issued to investors on Friday, American Banking and Market News reports. They currently have a GBX 190 ($3.20) target price on the stock. Canaccord Genuity’s price target would suggest a potential upside of 25.03% from the stock’s previous close.
Shares of Petroceltic International PLC (LON:PCI) opened at 154.00 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’s 50-day moving average is GBX 165.0 and its 200-day moving average is GBX 164.6.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Petroceltic International PLC in a research note on Friday. Separately, analysts at Westhouse Securities reiterated a “buy” rating on shares of Petroceltic International PLC in a research note on Friday. Finally, analysts at Westhouse Securities cut their price target on shares of Petroceltic International PLC from GBX 280 ($4.72) to GBX 275 ($4.63) in a research note on Thursday, May 8th. They now have a “buy” rating on the stock. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Petroceltic International PLC currently has an average rating of “Buy” and a consensus price target of GBX 237.20 ($4.00).
Petroceltic International plc (LON:PCI) is an international oil and gas exploration, development and production company.
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