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Stock analysts at Peel Hunt assumed coverage on shares of Trinity Exploration & Production PLC (LON:TRIN) in a report issued on Wednesday. The firm set a “buy” rating and a GBX 153 ($2.56) price target on the stock. Peel Hunt’s price objective points to a potential upside of 71.91% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at Investec cut their price target on shares of Trinity Exploration & Production PLC from GBX 250 ($4.18) to GBX 215 ($3.59) in a research note on Wednesday, August 6th. They now have a “buy” rating on the stock.

Trinity Exploration & Production PLC (LON:TRIN) opened at 91.188 on Wednesday. Trinity Exploration & Production PLC has a 52-week low of GBX 85.50 and a 52-week high of GBX 160.00. The stock has a 50-day moving average of GBX 91.85 and a 200-day moving average of GBX 105.9.

Trinity Exploration & Production PLC, formerly Bayfield Energy Holdings PLC, is an independent oil and gas company.

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