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Global Energy Development PLC (LON:GED)‘s stock had its “buy” rating reiterated by equities researchers at Northland Securities in a research report issued on Monday. They currently have a GBX 181 ($3.08) price target on the stock. Northland Securities’ price objective would indicate a potential upside of 135.06% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Analysts at Northland Capital Partners reiterated a “buy” rating on shares of Global Energy Development PLC in a research note on Wednesday, June 11th. They now have a GBX 181 ($3.08) price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of Global Energy Development PLC in a research note on Thursday, May 8th.

Global Energy Development PLC (LON:GED) traded down 1.28% on Monday, hitting GBX 77.00. The stock had a trading volume of 16,317 shares. Global Energy Development PLC has a 52-week low of GBX 65.25 and a 52-week high of GBX 94.50. The stock’s 50-day moving average is GBX 75.66 and its 200-day moving average is GBX 79.17.

Global Energy Development PLC is a petroleum exploration and production company focused on Latin America.

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