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Baron Oil PLC (LON:BOIL)‘s stock had its “buy” rating reissued by analysts at Cantor Fitzgerald Europe in a research report issued to clients and investors on Tuesday. They currently have a GBX 3 ($0.05) price objective on the stock. Cantor Fitzgerald Europe‘s price target would suggest a potential upside of 103.39% from the stock’s previous close.

Shares of Baron Oil PLC (LON:BOIL) traded down 1.67% during mid-day trading on Tuesday, hitting GBX 1.475. The stock had a trading volume of 2,949,211 shares. Baron Oil PLC has a 52 week low of GBX 1.10 and a 52 week high of GBX 2.014. The stock has a 50-day moving average of GBX 1.56 and a 200-day moving average of GBX 1.4.

Baron Oil PLC, formerly Gold Oil Plc, is an independent oil and natural gas exploration and exploitation company focused on Southern America.

To view Cantor Fitzgerald Europe’s full report, visit Cantor Fitzgerald Europe’s official website.

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