President Energy (PPC) Rating Reiterated by FinnCap
President Energy (LON:PPC)‘s stock had its “corporate” rating reissued by FinnCap in a research report issued to clients and investors on Tuesday, StockTargetPrices.com reports. They presently have a GBX 19 ($0.25) price target on the stock. FinnCap’s target price suggests a potential upside of 92.41% from the company’s current price.
Separately, Peel Hunt boosted their price target on President Energy from GBX 10 ($0.13) to GBX 11 ($0.15) and gave the stock a “buy” rating in a research report on Monday, October 2nd.
Shares of President Energy (PPC) traded down GBX 0.25 ($0.00) during mid-day trading on Tuesday, reaching GBX 9.88 ($0.13). The company’s stock had a trading volume of 183,092 shares, compared to its average volume of 1,340,000. President Energy has a one year low of GBX 5.49 ($0.07) and a one year high of GBX 12.50 ($0.17).
About President Energy
President Energy PLC is engaged in the exploration for and the evaluation and production of oil and gas. Its segment includes the exploration and production of hydrocarbons. The Company has oil and gas production in two geographical markets: the United States and Argentina. It has exploration assets in Paraguay, Argentina, the United States and Australia.
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