President Energy (LON:PPC)‘s stock had its “corporate” rating restated by FinnCap in a research report issued to clients and investors on Monday. They presently have a GBX 18 ($0.25) target price on the stock. FinnCap’s price target indicates a potential upside of 53.19% from the company’s previous close.
Separately, Peel Hunt reiterated an “add” rating and issued a GBX 11 ($0.15) price target on shares of President Energy in a research report on Monday, March 5th.
President Energy (PPC) traded up GBX 0.62 ($0.01) during mid-day trading on Monday, hitting GBX 11.75 ($0.16). 389,945 shares of the stock traded hands, compared to its average volume of 455,139. The firm has a market capitalization of $147.28 and a price-to-earnings ratio of -587.50. President Energy has a twelve month low of GBX 5.64 ($0.08) and a twelve month high of GBX 12.50 ($0.17).
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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