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Providence Resources PLC (LON:PVR)‘s stock had its “buy” rating restated by research analysts at Cantor Fitzgerald Europe in a report released on Thursday. They currently have a GBX 503 ($8.46) price objective on the stock. Cantor Fitzgerald Europe‘s price target would indicate a potential upside of 379.05% from the company’s current price.

Shares of Providence Resources PLC (LON:PVR) traded down 0.47% during mid-day trading on Thursday, hitting GBX 105.00. 318,648 shares of the company’s stock traded hands. Providence Resources PLC has a 52 week low of GBX 100.00 and a 52 week high of GBX 390.00. The stock’s 50-day moving average is GBX 125. and its 200-day moving average is GBX 185.5.

A number of other analysts have also recently weighed in on PVR. Analysts at Beaufort Securities reiterated a “hold” rating on shares of Providence Resources PLC in a research note on Thursday, July 10th. Separately, analysts at Liberum Capital raised their price target on shares of Providence Resources PLC from GBX 708 ($11.91) to GBX 811 ($13.65) in a research note on Wednesday, July 9th. They now have a “buy” rating on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Providence Resources PLC in a research note on Monday, June 30th. They now have a GBX 708 ($11.91) price target on the stock.

Providence Resources P.l.c. (LON:PVR) is an oil and gas exploration and production company.

To view Cantor Fitzgerald Europe’s full report, visit Cantor Fitzgerald Europe’s official website.

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