Egdon Resources Plc’s Speculative Buy Rating Reaffirmed at Beaufort Securities (EDR)
Egdon Resources Plc (LON:EDR) traded down 1.04% during mid-day trading on Wednesday, hitting GBX 23.75. 89,295 shares of the company’s stock traded hands. Egdon Resources Plc has a one year low of GBX 18.22 and a one year high of GBX 35.941. The stock has a 50-day moving average of GBX 23.79 and a 200-day moving average of GBX 23.9.
A number of other firms have also recently commented on EDR. Analysts at VSA Capital reiterated a “buy” rating on shares of Egdon Resources Plc in a research note on Tuesday. They now have a GBX 60 ($1.00) price target on the stock. Separately, 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 is engaged in the exploration and production of hydrocarbons in the United Kingdom and France.
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