Petroceltic International PLC Price Target Cut to GBX 185 by Analysts at Liberum Capital (PCI)
Analysts at Liberum Capital decreased their target price on shares of Petroceltic International PLC (LON:PCI) from GBX 189 ($3.18) to GBX 185 ($3.11) in a research report issued to clients and investors on Tuesday. The firm currently has a “hold” rating on the stock. Liberum Capital’s price target would suggest a potential upside of 14.85% from the stock’s previous close.
PCI has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Petroceltic International PLC in a research note on Friday, May 16th. They now have a GBX 190 ($3.20) price target on the stock. Separately, analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Petroceltic International PLC in a research note on Friday, May 16th. Finally, analysts at Westhouse Securities reiterated a “buy” rating on shares of Petroceltic International PLC in a research note on Friday, May 16th. They now have a GBX 250 ($4.21) price target on the stock, down previously from GBX 275 ($4.63). Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Petroceltic International PLC presently has a consensus rating of “Buy” and a consensus price target of GBX 238.67 ($4.02).
Petroceltic International PLC (LON:PCI) traded down 1.16% during mid-day trading on Tuesday, hitting GBX 159.1324. 283,556 shares of the company’s stock traded hands. Petroceltic International PLC has a 1-year low of GBX 129.00 and a 1-year high of GBX 187.75. The stock has a 50-day moving average of GBX 162. and a 200-day moving average of GBX 165.8.
Petroceltic International plc (LON:PCI) is an international oil and gas exploration, development and production company.
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