President Energy PLC Receives “Buy” Rating from Canaccord Genuity (PPC)
President Energy PLC (LON:PPC)‘s stock had its “buy” rating restated by equities researchers at Canaccord Genuity in a research report issued on Tuesday. They currently have a GBX 51 ($0.87) price objective on the stock. Canaccord Genuity’s target price indicates a potential upside of 39.73% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of President Energy PLC in a research note on Tuesday, June 10th. They now have a GBX 70 ($1.19) price target on the stock. Analysts at Edison Investment Research reiterated a “neutral” rating on shares of President Energy PLC in a research note on Monday, April 14th.
Shares of President Energy PLC (LON:PPC) opened at 37.75 on Tuesday. President Energy PLC has a 52-week low of GBX 11.187 and a 52-week high of GBX 40.00. The stock has a 50-day moving average of GBX 0. and a 200-day moving average of GBX 0..
President Energy PLC, formerly President Petroleum Company PLC, is engaged in are the exploration for and the evaluation and production of oil and gas.
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