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Investment analysts at Investec increased their price target on shares of Circle Oil Plc (LON:COP) from GBX 50 ($0.83) to GBX 70 ($1.16) in a note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. Investec’s target price would suggest a potential upside of 294.37% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Circle Oil Plc in a research note on Tuesday. They now have a GBX 45 ($0.74) price target on the stock. Separately, analysts at Westhouse Securities reiterated a “buy” rating on shares of Circle Oil Plc in a research note on Tuesday. They now have a GBX 31 ($0.51) price target on the stock.

Circle Oil Plc (LON:COP) opened at 22.06 on Tuesday. Circle Oil Plc has a 52-week low of GBX 16.50 and a 52-week high of GBX 24.888. The stock has a 50-day moving average of GBX 18.67 and a 200-day moving average of GBX 21.5.

Circle Oil PLC (LON:COP) is an oil and gas exploration company.

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