VSA Capital Reiterates “Buy” Rating for Egdon Resources Plc (LON:EDR)
Egdon Resources Plc (LON:EDR)‘s stock had its “buy” rating reiterated by equities research analysts at VSA Capital in a note issued to investors on Monday. They currently have a GBX 35.50 ($0.46) price target on the stock. VSA Capital’s price objective suggests a potential upside of 381.03% from the company’s current price.
Shares of Egdon Resources Plc (LON:EDR) opened at 7.38 on Monday. The company’s market cap is GBX 19.17 million. Egdon Resources Plc has a 12 month low of GBX 7.10 and a 12 month high of GBX 20.33. The company’s 50 day moving average is GBX 8.31 and its 200-day moving average is GBX 10.41.
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About Egdon Resources Plc
Egdon Resources plc is a United Kingdom-based company, which is engaged in onshore oil and gas exploration and production business with over 40 licenses in oil and gas producing basins. The principal activity of the Company is exploration and production of hydrocarbons in the United Kingdom and France.
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