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Gulfsands Petroleum (LON:GPX)‘s stock had its “buy” rating reaffirmed by equities researchers at Cantor Fitzgerald Europe in a research report issued on Friday. They currently have a GBX 72 ($1.19) target price on the stock. Cantor Fitzgerald Europe‘s target price suggests a potential upside of 35.85% from the stock’s previous close.

Shares of Gulfsands Petroleum (LON:GPX) opened at 52.55 on Friday. Gulfsands Petroleum has a one year low of GBX 27.75 and a one year high of GBX 77.10. The stock’s 50-day moving average is GBX 50.82 and its 200-day moving average is GBX 49.88.

Gulfsands Petroleum plc (LON:GPX) is an independent oil and gas exploration and production company.

To view Cantor Fitzgerald Europe’s full report, visit Cantor Fitzgerald Europe’s official website.

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