Quadrise Fuels International Plc (LON:QFI)‘s stock had its “buy” rating reaffirmed by Peel Hunt in a report issued on Tuesday. They currently have a GBX 30 ($0.39) target price on the stock. Peel Hunt’s price target would suggest a potential upside of 135.29% from the stock’s previous close.
Separately, Beaufort Securities reiterated a “speculative buy” rating on shares of Quadrise Fuels International Plc in a report on Wednesday, July 6th.
Quadrise Fuels International Plc (LON:QFI) opened at 12.75 on Tuesday. Quadrise Fuels International Plc has a 52-week low of GBX 8.05 and a 52-week high of GBX 23.51. The company’s 50 day moving average price is GBX 12.82 and its 200 day moving average price is GBX 12.45. The firm’s market cap is GBX 103.22 million.
About Quadrise Fuels International Plc
Quadrise Fuels International plc (QFI) is a United Kingdom-based oil-in-water emulsion fuels company. The Company is engaged in developing markets for its emulsion fuel (MSAR) as a substitute for heavy fuel oil (HFO) for use in power generation plants, and industrial and marine diesel engines. The Company operates business through two segments, which include emulsion fuel and non-managed interests.
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