Peel Hunt Reiterates Buy Rating for Quadrise Fuels International Plc (QFI)
Quadrise Fuels International Plc (LON:QFI)‘s stock had its “buy” rating reaffirmed by analysts at Peel Hunt in a report released on Tuesday. They currently have a GBX 30 ($0.39) target price on the stock. Peel Hunt’s price objective suggests a potential upside of 133.01% from the company’s current price.
Separately, Beaufort Securities reiterated a “speculative buy” rating on shares of Quadrise Fuels International Plc in a research note on Thursday, September 15th.
Quadrise Fuels International Plc (LON:QFI) traded up 3.000% during mid-day trading on Tuesday, reaching GBX 12.875. The company’s stock had a trading volume of 296,974 shares. The stock’s market capitalization is GBX 104.23 million. The firm has a 50-day moving average of GBX 12.87 and a 200-day moving average of GBX 12.46. Quadrise Fuels International Plc has a 52 week low of GBX 8.05 and a 52 week high of GBX 23.52.
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About Quadrise Fuels International Plc
Quadrise Fuels International plc (QFI) is a United Kingdom-based oil-in-water emulsion fuels company. The Company is engaged in developing markets for its emulsion fuel (MSAR) as a substitute for heavy fuel oil (HFO) for use in power generation plants, and industrial and marine diesel engines. The Company operates business through two segments, which include emulsion fuel and non-managed interests.
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