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Global Energy Development PLC (LON:GED)‘s stock had its “buy” rating restated by investment analysts at Northland Capital Partners in a note issued to investors on Wednesday. They currently have a GBX 181 ($3.00) target price on the stock. Northland Capital Partners’ price objective suggests a potential upside of 258.42% from the company’s current price.

Global Energy Development PLC (LON:GED) opened at 46.69 on Wednesday. Global Energy Development PLC has a 1-year low of GBX 50.00 and a 1-year high of GBX 94.50. The stock has a 50-day moving average of GBX 63.92 and a 200-day moving average of GBX 72.77.

Other equities research analysts have also recently issued reports about the stock. Analysts at Northland Securities reiterated a “buy” rating on shares of Global Energy Development PLC in a research note on Wednesday. They now have a GBX 181 ($3.00) price target on the stock.

Global Energy Development PLC is a petroleum exploration and production company focused on Latin America.

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