President Energy PLC (LON:PPC) had its target price lowered by stock analysts at Peel Hunt from GBX 18 ($0.23) to GBX 17 ($0.22) in a report released on Tuesday. The firm presently has a “buy” rating on the stock. Peel Hunt’s price target suggests a potential upside of 121.50% from the company’s previous close.

Separately, Canaccord Genuity reiterated a “speculative buy” rating and issued a GBX 12 ($0.16) target price on shares of President Energy PLC in a research note on Wednesday, August 31st.

President Energy PLC (LON:PPC) traded up 1.790% during midday trading on Tuesday, reaching GBX 7.675. The company’s stock had a trading volume of 994,126 shares. The firm has a 50-day moving average price of GBX 11.61 and a 200 day moving average price of GBX 9.00. President Energy PLC has a 52-week low of GBX 4.51 and a 52-week high of GBX 14.72. The stock’s market capitalization is GBX 36.20 million.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at

In other President Energy PLC news, insider Levine,Peter M purchased 150,000 shares of the business’s stock in a transaction on Friday, July 15th. The stock was purchased at an average price of GBX 8 ($0.10) per share, for a total transaction of £12,000 ($15,663.75).

About President Energy PLC

President Energy PLC is an independent, international oil and gas exploration and production company focused on South America. The Company has oil and gas production in two geographical markets: the United States of America and Argentina. It has exploration assets in Paraguay, Argentina, the United States of America and Australia.

Receive News & Ratings for President Energy PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for President Energy PLC and related companies with's FREE daily email newsletter.