BowLeven PLC Receives “Buy” Rating from Westhouse Securities (BLVN)
BowLeven PLC (LON:BLVN)‘s stock had its “buy” rating reiterated by equities researchers at Westhouse Securities in a research report issued on Tuesday. They currently have a GBX 115 ($1.90) price objective on the stock. Westhouse Securities’ price target indicates a potential upside of 228.57% from the stock’s previous close.
Separately, analysts at Barclays reiterated an “overweight” rating on shares of BowLeven PLC in a research note on Tuesday, July 8th. They now have a GBX 135 ($2.23) price target on the stock.
BowLeven PLC (LON:BLVN) traded down 6.37% on Tuesday, hitting GBX 32.77. 2,571,205 shares of the company’s stock traded hands. BowLeven PLC has a one year low of GBX 28.25 and a one year high of GBX 65.25. The stock’s 50-day moving average is GBX 37.42 and its 200-day moving average is GBX 35.43.
Bowleven plc is engaged in the exploration, appraisal and development for oil and gas in Africa. The Company has interests in Cameroon and Kenya.
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