Cantor Fitzgerald Europe Reiterates “Buy” Rating for Egdon Resources Plc (EDR)
Egdon Resources Plc (LON:EDR)‘s stock had its “buy” rating reissued by stock analysts at Cantor Fitzgerald Europe in a report issued on Tuesday. They currently have a GBX 54 ($0.90) target price on the stock. Cantor Fitzgerald Europe‘s price objective suggests a potential upside of 125.00% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at VSA Capital reiterated a “buy” rating on shares of Egdon Resources Plc in a research note on Monday, July 21st. They now have a GBX 60 ($1.00) price target on the stock.
Egdon Resources Plc (LON:EDR) traded up 4.35% on Tuesday, hitting GBX 24.00. 296,568 shares of the company’s stock traded hands. Egdon Resources Plc has a 52 week low of GBX 18.22 and a 52 week high of GBX 35.941. The stock’s 50-day moving average is GBX 23.79 and its 200-day moving average is GBX 23.9.
Egdon Resources plc is engaged in the exploration and production of hydrocarbons in the United Kingdom and France.
To view Cantor Fitzgerald Europe’s full report, visit Cantor Fitzgerald Europe’s official website.
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