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Equities research analysts at Canaccord Genuity raised their price target on shares of Petroceltic International PLC (LON:PCI) from GBX 175 ($2.90) to GBX 180 ($2.99) in a research note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price objective indicates a potential upside of 11.89% from the company’s current price.

Shares of Petroceltic International PLC (LON:PCI) opened at 161.00 on Tuesday. Petroceltic International PLC has a 1-year low of GBX 134.00 and a 1-year high of GBX 187.75. The stock’s 50-day moving average is GBX 158.6 and its 200-day moving average is GBX 161.5.

Several other analysts have also recently commented on the stock. Analysts at Davy Research reiterated an “outperform” rating on shares of Petroceltic International PLC in a research note on Wednesday, July 23rd. Separately, analysts at Liberum Capital cut their price target on shares of Petroceltic International PLC from GBX 185 ($3.07) to GBX 184 ($3.05) in a research note on Wednesday, July 9th. They now have a “hold” rating on the stock. Finally, analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Petroceltic International PLC in a research note on Tuesday, July 8th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of GBX 235.17 ($3.90).

Petroceltic International plc (LON:PCI) is an international oil and gas exploration, development and production company.

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