Falkland Oil and Gas Limited (LON:FOGL) has been given a consensus rating of “Hold” by the eight research firms that are covering the firm. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and one has given a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 13 ($0.17).
Separately, Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 38 ($0.50) price target on shares of Falkland Oil and Gas Limited in a report on Thursday, August 25th.
Falkland Oil and Gas Limited Company Profile
Falkland oil and Gas Limited is a United Kingdom-based oil and gas exploration company. The Company’s portfolio covers the North, South and East Falkland Basins. The Company holds interest in the Sea Lion development project. The Company is focused on oil and gas exploration activities in the Falkland Islands.
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