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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 “speculative buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 120 ($2.01) price target on the stock.
  • Afren Plc had its “neutral” rating reaffirmed by analysts at Credit Suisse. They now have a GBX 177 ($2.96) price target on the stock.
  • Afren Plc was downgraded by analysts at RBC Capital to an “underperform” rating. They now have a GBX 100 ($1.67) price target on the stock.
  • Afren Plc had its “buy” rating reaffirmed by analysts at SBG Securities. They now have a GBX 210 ($3.51) price target on the stock.
  • Afren Plc had its “buy” rating reaffirmed by analysts at Oriel Securities Ltd. They now have a GBX 125 ($2.09) price target on the stock.

Shares of Afren Plc (LON:AFR) traded up 2.12% during mid-day trading on Monday, hitting GBX 106.00. 3,925,450 shares of the company’s stock traded hands. Afren Plc has a 1-year low of GBX 91.10 and a 1-year high of GBX 170.80. The stock has a 50-day moving average of GBX 131.4 and a 200-day moving average of GBX 145.0. The company’s market cap is £1.165 billion.

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

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