Petroneft Resources PLC’s “Hold” Rating Reaffirmed at Canaccord Genuity (PTR)
Petroneft Resources PLC (LON:PTR)‘s stock had its “hold” rating reaffirmed by Canaccord Genuity in a research note issued on Tuesday. They currently have a GBX 8 ($0.13) price target on the stock. Canaccord Genuity’s price objective indicates a potential upside of 25.98% from the stock’s previous close.
Petroneft Resources PLC (LON:PTR) opened at 6.35 on Tuesday. Petroneft Resources PLC has a one year low of GBX 3.75 and a one year high of GBX 7.25. The stock’s 50-day moving average is GBX 5.74 and its 200-day moving average is GBX 5.94.
PetroNeft Resources Plc is an oil and gas exploration and production company, focused on Russia. The Company has interests in 4,991 square kilometers oil and gas license (LON:PTR) in the Tomsk Oblast in Russia and a 50% operating interest in 2,447 square kilometers oil and gas license (License 67)in Tomsk Oblast.
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