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Stock analysts at Canaccord Genuity reduced their price target on shares of Borders & Southern Petroleum plc (LON:BOR) from GBX 17 ($0.28) to GBX 15 ($0.25) in a report issued on Tuesday. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s target price points to a potential upside of 13.21% from the stock’s previous close.

Shares of Borders & Southern Petroleum plc (LON:BOR) opened at 13.30 on Tuesday. Borders & Southern Petroleum plc has a 1-year low of GBX 9.01 and a 1-year high of GBX 16.75. The stock’s 50-day moving average is GBX 11.63 and its 200-day moving average is GBX 12.15.

Borders & Southern Petroleum plc is an oil and gas exploration company. The Company’s area of activity is in the Falkland Islands.

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