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Union Jack Oil PLC (LON:UJO)‘s stock had its “buy” rating reissued by equities research analysts at SP Angel in a research note issued to investors on Tuesday. They currently have a GBX 1 ($0.02) price target on the stock. SP Angel’s price target points to a potential upside of 183.05% from the stock’s previous close.

Union Jack Oil PLC (LON:UJO) traded up 11.48% during mid-day trading on Tuesday, hitting GBX 0.34. 207,775,824 shares of the company’s stock traded hands. Union Jack Oil PLC has a 1-year low of GBX 0.19 and a 1-year high of GBX 0.52. The stock has a 50-day moving average of GBX 0.32 and a 200-day moving average of GBX 0.27.

A number of other analysts have also recently weighed in on UJO. Analysts at Northland Securities reiterated a “corporate” rating on shares of Union Jack Oil PLC in a research note on Tuesday.

Union Jack Oil plc is a United Kingdom-based onshore oil and gas exploration company, focused on the exploration for, and development of, hydrocarbon projects.

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