Egdon Resources Plc’s Buy Rating Reaffirmed at VSA Capital (EDR)
Egdon Resources Plc (LON:EDR)‘s stock had its “buy” rating reiterated by analysts at VSA Capital in a research report issued to clients and investors on Friday. They currently have a GBX 60 ($1.02) price objective on the stock. VSA Capital’s price target indicates a potential upside of 121.20% from the company’s current price.
Egdon Resources Plc (LON:EDR) traded up 1.57% on Friday, hitting GBX 27.55. The stock had a trading volume of 109,374 shares. Egdon Resources Plc has a 52-week low of GBX 8.486 and a 52-week high of GBX 35.941. The stock’s 50-day moving average is GBX 25.29 and its 200-day moving average is GBX 21.08.
Separately, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Egdon Resources Plc in a research note on Thursday, May 29th. They now have a GBX 54 ($0.92) price target on the stock.
Egdon Resources plc is engaged in the exploration and production of hydrocarbons in the United Kingdom and France.
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