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Equities research analysts at FinnCap began coverage on shares of Falcon Oil & Gas (LON:FOG) in a research note issued to investors on Wednesday. The firm set a “buy” rating and a GBX 27 ($0.46) price target on the stock. FinnCap’s price target would indicate a potential upside of 195.57% from the stock’s previous close.

Shares of Falcon Oil & Gas (LON:FOG) traded up 2.93% on Wednesday, hitting GBX 9.135. 87,276 shares of the company’s stock traded hands. Falcon Oil & Gas has a one year low of GBX 6.75 and a one year high of GBX 13.40. The stock has a 50-day moving average of GBX 9.08 and a 200-day moving average of GBX 9.59.

A number of other firms have also recently commented on FOG. Analysts at Davy Research reiterated an “outperform” rating on shares of Falcon Oil & Gas in a research note on Tuesday, July 15th. Separately, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Falcon Oil & Gas in a research note on Tuesday, July 15th. They now have a GBX 30 ($0.51) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Falcon Oil & Gas in a research note on Thursday, May 29th. They now have a GBX 30 ($0.51) price target on the stock.

Falcon Oil & Gas Ltd. (LON:FOG) is an energy company engaged in the business of acquiring, exploring and developing petroleum and natural gas properties.

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