Falcon Oil & Gas Rating Reiterated by Cantor Fitzgerald Europe (FOG)
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.
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.