Canaccord Genuity Reaffirms Hold Rating for Trap Oil (TRAP)
Trap Oil (LON:TRAP)‘s stock had its “hold” rating restated by equities research analysts at Canaccord Genuity in a research note issued to investors on Tuesday. They currently have a GBX 10 ($0.17) price objective on the stock. Canaccord Genuity’s price target suggests a potential upside of 26.58% from the company’s current price.
Shares of Trap Oil (LON:TRAP) opened at 7.91 on Tuesday. Trap Oil has a one year low of GBX 6.875 and a one year high of GBX 12.245. The stock’s 50-day moving average is GBX 8.42 and its 200-day moving average is GBX 9.28.
Trap Oil Group plc is a United Kingdom-based holding company. The Company is engaged in oil and gas exploration.
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