Share on StockTwits

Edge Resources (LON:EDG)‘s stock had its “speculative buy” rating reissued by equities researchers at Beaufort Securities in a research report issued on Tuesday.

Edge Resources (LON:EDG) traded down 3.16% on Tuesday, hitting GBX 11.50. 329,804 shares of the company’s stock traded hands. Edge Resources has a 52-week low of GBX 5.50 and a 52-week high of GBX 15.97. The stock’s 50-day moving average is GBX 10.94 and its 200-day moving average is GBX 9.34.

EDG has been the subject of a number of other recent research reports. Analysts at SP Angel reiterated a “buy” rating on shares of Edge Resources in a research note on Tuesday. They now have a GBX 19 ($0.32) price target on the stock. Separately, analysts at Sanlam Securities reiterated a “buy” rating on shares of Edge Resources in a research note on Monday. They now have a GBX 12.50 ($0.21) price target on the stock, down previously from GBX 14 ($0.23). Finally, analysts at Sanlam Securities reiterated a “buy” rating on shares of Edge Resources in a research note on Thursday, July 24th. They now have a GBX 14 ($0.23) price target on the stock.

Edge Resources Inc is engaged in the acquisition, exploration, development and production of oil and natural gas.

Receive News & Ratings for Edge Resources Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Edge Resources Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.