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FinnCap increased their price objective on shares of Rose Petroleum PLC (LON:ROSE) from GBX 5 ($0.08) to GBX 7.50 ($0.13) in a research note issued on Friday. The firm currently has a “buy” rating on the stock. FinnCap’s price target would indicate a potential upside of 291.13% from the company’s current price.

Rose Petroleum PLC (LON:ROSE) traded up 1.87% on Friday, hitting GBX 1.91. 171,673,312 shares of the company’s stock traded hands. Rose Petroleum PLC has a 52-week low of GBX 0.30 and a 52-week high of GBX 4.075. The stock’s 50-day moving average is GBX 1.80 and its 200-day moving average is GBX 0.89.

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