Share on StockTwits

Providence Resources PLC (LON:PVR)‘s stock had its “buy” rating reiterated by research analysts at Cantor Fitzgerald Europe in a report released on Monday. They currently have a GBX 503 ($8.41) price objective on the stock. Cantor Fitzgerald Europe‘s price target indicates a potential upside of 305.65% from the company’s current price.

Providence Resources PLC (LON:PVR) traded down 4.19% during mid-day trading on Monday, hitting GBX 123.12. 368,403 shares of the company’s stock traded hands. Providence Resources PLC has a one year low of GBX 100.00 and a one year high of GBX 388.00. The stock has a 50-day moving average of GBX 121.3 and a 200-day moving average of GBX 180.6.

PVR has been the subject of a number of other recent research reports. 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 ($11.84) to GBX 811 ($13.56) 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 ($11.84) 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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.