Liberum Capital Reiterates “Buy” Rating for Xcite Energy Limited (XEL)
Xcite Energy Limited (LON:XEL)‘s stock had its “buy” rating restated by analysts at Liberum Capital in a research report issued to clients and investors on Thursday. They currently have a GBX 263 ($4.41) price objective on the stock. Liberum Capital’s price target points to a potential upside of 315.48% from the company’s current price.
Shares of Xcite Energy Limited (LON:XEL) traded up 1.42% on Thursday, hitting GBX 63.6426. 1,300,180 shares of the company’s stock traded hands. Xcite Energy Limited has a one year low of GBX 58.25 and a one year high of GBX 126.50. The stock’s 50-day moving average is GBX 64.7 and its 200-day moving average is GBX 75.07.
Xcite Energy Limited (LON:XEL) is an oil issuer and disclosures pertaining to oil activities.
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