Green Dragon Gas Ltd. (GDG) Price Target Increased to GBX 593 by Analysts at Peel Hunt
Green Dragon Gas Ltd. (LON:GDG) had its price objective raised by equities research analysts at Peel Hunt from GBX 561 ($7.32) to GBX 593 ($7.74) in a research note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. Peel Hunt’s price objective would indicate a potential upside of 155.05% from the stock’s previous close.
Shares of Green Dragon Gas (LON:GDG) traded up 1.09% during trading on Tuesday, hitting GBX 232.50. The stock had a trading volume of 5,839 shares. The company’s 50 day moving average price is GBX 239.23 and its 200 day moving average price is GBX 250.92. Green Dragon Gas has a 12 month low of GBX 196.00 and a 12 month high of GBX 300.10. The stock’s market cap is GBX 362.87 million.
Green Dragon Gas Company Profile
Green Dragon Gas Ltd. is a Hong Kong-based investment holding company. The Company, through its subsidiaries, is engaged in the exploration, development and production of coal bed methane in the People’s Republic of China (PRC). The coal bed methane operations in the PRC are conducted through production sharing arrangements with China United Coal Bed Methane Corporation Ltd.
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