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Falcon Oil & Gas (LON:FOG)‘s stock had its “buy” rating reissued by stock analysts at Cantor Fitzgerald Europe in a report issued on Thursday. They currently have a GBX 30 ($0.50) target price on the stock. Cantor Fitzgerald Europe‘s price objective suggests a potential upside of 238.03% from the stock’s previous close.

Shares of Falcon Oil & Gas (LON:FOG) opened at 9.05 on Thursday. Falcon Oil & Gas has a 1-year low of GBX 6.75 and a 1-year high of GBX 13.40. The stock has a 50-day moving average of GBX 9.01 and a 200-day moving average of GBX 9.38.

FOG has been the subject of a number of other recent research reports. Analysts at FinnCap reiterated a “buy” rating on shares of Falcon Oil & Gas in a research note on Thursday. They now have a GBX 27 ($0.45) price target on the stock. Separately, analysts at Charles Stanley initiated coverage on shares of Falcon Oil & Gas in a research note on Tuesday. They set a “buy” rating and a GBX 19.70 ($0.33) price target on the stock. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 25.57 ($0.43).

Falcon Oil & Gas Ltd. (LON:FOG) is an energy company engaged in the business of acquiring, exploring and developing petroleum and natural gas properties.

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

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