Petroceltic International PLC Receives Consensus Recommendation of “Buy” from Analysts (LON:PCI)
Petroceltic International PLC (LON:PCI) has earned an average rating of “Buy” from the eight analysts that are currently covering the stock, American Banking and Market News reports. Two investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 237 ($4.02).
A number of analysts have recently weighed in on PCI shares. Analysts at Westhouse Securities cut their price target on shares of Petroceltic International PLC from GBX 250 ($4.24) to GBX 240 ($4.07) in a research note on Friday, May 30th. They now have a “buy” rating on the stock. Separately, analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Petroceltic International PLC in a research note on Tuesday, May 27th. Finally, analysts at Liberum Capital cut their price target on shares of Petroceltic International PLC from GBX 189 ($3.21) to GBX 185 ($3.14) in a research note on Tuesday, May 27th. They now have a “hold” rating on the stock.
Petroceltic International PLC (LON:PCI) opened at 151.25 on Friday. Petroceltic International PLC has a 52-week low of GBX 129.00 and a 52-week high of GBX 187.75. The stock’s 50-day moving average is GBX 159.4 and its 200-day moving average is GBX 166.3.
Petroceltic International plc (LON:PCI) is an international oil and gas exploration, development and production company.
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