Condor Petroleum Inc (TSE:CPI) was upgraded by research analysts at GMP Securities from a “hold” rating to a “buy” rating in a research note issued on Thursday.

Other research analysts have also recently issued research reports about the company. Dundee Securities cut their price objective on Condor Petroleum from C$2.00 to C$1.80 and set a “neutral” rating for the company in a research report on Tuesday, August 16th. Mackie reiterated a “buy” rating on shares of Condor Petroleum in a research report on Thursday, October 6th.

Condor Petroleum (TSE:CPI) traded down 0.57% during trading on Thursday, reaching $1.73. 52,400 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $1.05 and a 200-day moving average of $1.10. The stock’s market capitalization is $74.85 million. Condor Petroleum has a 52 week low of $0.60 and a 52 week high of $2.05.

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

About Condor Petroleum

Condor Petroleum Inc is an oil and gas company engaged in exploration and production activities in Kazakhstan. The Company, through its subsidiary, Falcon Oil & Gas Ltd. LLP, owns interest in and operates the Zharkamys West 1 territory, which is approximately 3,780 square kilometers exploration property located in the Pre-Caspian Basin in Kazakhstan.

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