VSA Capital Reiterates “Buy” Rating for Egdon Resources Plc (EDR)
Egdon Resources Plc (LON:EDR)‘s stock had its “buy” rating reaffirmed by investment analysts at VSA Capital in a note issued to investors on Tuesday. They currently have a GBX 60 ($1.00) target price on the stock. VSA Capital’s price target points to a potential upside of 150.00% from the stock’s previous close.
A number of other firms have also recently commented on EDR. Analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Egdon Resources Plc in a research note on Tuesday. They now have a GBX 54 ($0.90) price target on the stock.
Egdon Resources Plc (LON:EDR) traded up 4.35% on Tuesday, hitting GBX 24.00. The stock had a trading volume of 296,568 shares. Egdon Resources Plc has a one year low of GBX 18.22 and a one year 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.
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