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Global Energy Development PLC (LON:GED)‘s stock had its “buy” rating restated by equities researchers at Northland Securities in a research report issued on Monday. They currently have a GBX 181 ($3.04) target price on the stock. Northland Securities’ price target points to a potential upside of 151.74% from the stock’s previous close.

Global Energy Development PLC (LON:GED) opened at 76.50 on Monday. Global Energy Development PLC has a one year low of GBX 65.25 and a one year high of GBX 94.50. The stock’s 50-day moving average is GBX 70.13 and its 200-day moving average is GBX 83.25.

Other equities research analysts have also recently issued reports about the stock. Analysts at Northland Capital Partners reiterated a “buy” rating on shares of Global Energy Development PLC in a research note on Monday. They now have a GBX 181 ($3.04) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Global Energy Development PLC in a research note on Thursday, May 8th. Finally, analysts at Nplus1 Brewin reiterated a “buy” rating on shares of Global Energy Development PLC in a research note on Wednesday, April 16th. They now have a GBX 196 ($3.30) price target on the stock.

Global Energy Development PLC is a petroleum exploration and production company focused on Latin America.

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