Africa Energy Corp (CVE:AFE)‘s stock had its “speculative buy” rating restated by investment analysts at TD Securities in a note issued to investors on Tuesday. They currently have a C$0.25 target price on the stock. TD Securities’ price objective would indicate a potential upside of 66.67% from the stock’s current price.

Africa Energy Corp Company Profile

Africa Energy Corp. (Africa Energy), formerly Horn Petroleum Corporation, is a Canada-based exploration-stage international oil and gas exploration and development company. The Company focuses on the BLOCK 2B in South Africa. Block 2B covers approximately 4,360 square kilometers of the South African Western offshore approximately 300 kilometers north of Cape Town.

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