D. Boral Capital reiterated their buy rating on shares of EON Resources (NYSEAMERICAN:EONR – Free Report) in a research note released on Friday morning,Benzinga reports. The brokerage currently has a $2.00 target price on the stock.
EON Resources Stock Up 11.4%
NYSEAMERICAN EONR opened at $0.41 on Friday. EON Resources has a 52 week low of $0.35 and a 52 week high of $2.92. The company’s 50-day simple moving average is $0.46.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in EON Resources stock. XTX Topco Ltd bought a new stake in shares of EON Resources Inc. (NYSEAMERICAN:EONR – Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 64,098 shares of the company’s stock, valued at approximately $31,000.
EON Resources Company Profile
EON Resources Inc, an independent oil and natural gas company, focuses on the acquisition, development, exploration, and production of oil and natural gas properties in the Permian Basin. It holds a 100% working interest in the property that consists of 343 wells producing oil and gas, as well as 207 injection wells covering an area of approximately 13,700 contiguous acres.
Read More
- Five stocks we like better than EON Resources
- Financial Services Stocks Investing
- This Market Sell-Off Might Trigger a Value Rotation Into Pepsi
- The Basics of Support and Resistance
- Alphabet Stock Lags—But Waymo May Be Its Hidden Driver
- Using the MarketBeat Stock Split Calculator
- Trade Desk Silences Critics; Recovery Looks Poised to Continue
Receive News & Ratings for EON Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EON Resources and related companies with MarketBeat.com's FREE daily email newsletter.
