IGAS Energy PLC (IGAS) Earns “Buy” Rating from Canaccord Genuity
IGAS Energy PLC (LON:IGAS)‘s stock had its “buy” rating reissued by stock analysts at Canaccord Genuity in a report issued on Thursday. They presently have a GBX 200 ($2.70) price objective on the stock. Canaccord Genuity’s target price suggests a potential upside of 308.16% from the company’s previous close.
Shares of IGAS Energy PLC (IGAS) traded up 3.827% during trading on Thursday, reaching GBX 50.875. The company had a trading volume of 219,661 shares. IGAS Energy PLC has a 12 month low of GBX 48.50 and a 12 month high of GBX 80.50. The firm has a 50 day moving average price of GBX 60.80 and a 200 day moving average price of GBX 82.63. The company’s market cap is GBX 7.65 million.
About IGAS Energy PLC
IGas Energy plc is a United Kingdom-based company engaged in producing oil and gas onshore. The Company is engaged in exploring for, appraising, developing and producing oil and gas. The Company operates through two segments: UK/Europe and Rest of the World. It is an onshore hydrocarbon producer, delivering natural gas and crude oil to the energy market.
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