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Afren Plc (LON: AFR) received a number of ratings updates from brokerages and research firms in the last week:

  • Afren Plc had its “hold” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 120 ($2.02) price target on the stock, down previously from GBX 150 ($2.52).
  • Afren Plc had its “sector perform” rating reaffirmed by analysts at RBC Capital. They now have a GBX 200 ($3.37) price target on the stock.
  • Afren Plc was downgraded by analysts at Investec to a “hold” rating.
  • Afren Plc had its “buy” rating reaffirmed by analysts at Westhouse Securities. They now have a GBX 180 ($3.03) price target on the stock.
  • Afren Plc was upgraded by analysts at Oriel Securities Ltd to a “buy” rating. They now have a GBX 125 ($2.10) price target on the stock, down previously from GBX 145 ($2.44).

Afren Plc (LON:AFR) opened at 102.90 on Friday. Afren Plc has a 52-week low of GBX 96.20 and a 52-week high of GBX 170.80. The stock’s 50-day moving average is GBX 138.5 and its 200-day moving average is GBX 147.4. The company’s market cap is £1.131 billion.

Afren plc is an independent oil and gas exploration and production company operating in Africa and the Middle East.

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