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Lekoil (LON:LEK)‘s stock had its “speculative buy” rating reaffirmed by equities research analysts at Beaufort Securities in a research note issued to investors on Wednesday.

Lekoil (LON:LEK) remained flat at GBX 67.75 during during mid-day trading trading on Wednesday. 5,214,533 shares of the company’s stock traded hands. Lekoil has a 52 week low of GBX 35.00 and a 52 week high of GBX 75.00. The stock’s 50-day moving average is GBX 61.94 and its 200-day moving average is GBX 63.02.

A number of other analysts have also recently weighed in on LEK. Analysts at Westhouse Securities reiterated an “add” rating on shares of Lekoil in a research note on Tuesday.

Lekoil Ltd is a Africa-based oil and gas exploration and production company. The Company holds interests offshore Nigeria and offshore Namibia.

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