President Energy PLC (LON:PPC) had its target price decreased by Peel Hunt from GBX 18 ($0.23) to GBX 17 ($0.22) in a research report report published on Tuesday. Peel Hunt currently has a buy rating on the stock.
Separately, Canaccord Genuity reaffirmed a speculative buy rating and set a GBX 12 ($0.16) target price on shares of President Energy PLC in a research note on Wednesday, August 31st.
President Energy PLC (LON:PPC) opened at 7.795 on Tuesday. President Energy PLC has a 12-month low of GBX 4.51 and a 12-month high of GBX 14.72. The company has a 50 day moving average of GBX 11.61 and a 200-day moving average of GBX 9.00. The stock’s market capitalization is GBX 36.77 million.
In other President Energy PLC news, insider Levine,Peter M bought 150,000 shares of President Energy PLC stock in a transaction dated Friday, July 15th. The stock was acquired at an average cost of GBX 8 ($0.10) per share, with a total value of £12,000 ($15,663.75).
President Energy PLC Company Profile
President Energy PLC is an independent, international oil and gas exploration and production company focused on South America. The Company has oil and gas production in two geographical markets: the United States of America and Argentina. It has exploration assets in Paraguay, Argentina, the United States of America and Australia.
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