IGas Energy (IGAS) Receives “Buy” Rating from Canaccord Genuity

Canaccord Genuity restated their buy rating on shares of IGas Energy (LON:IGAS) in a research report sent to investors on Friday morning. The brokerage currently has a GBX 200 ($2.76) target price on the stock.

IGas Energy (IGAS) opened at GBX 75 ($1.04) on Friday. The company has a market cap of $92.05 and a PE ratio of -192.31. IGas Energy has a fifty-two week low of GBX 3.80 ($0.05) and a fifty-two week high of GBX 103.50 ($1.43).

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IGas Energy Company Profile

IGas Energy plc is a United Kingdom-based company engaged in producing oil and gas onshore. The Company is engaged in exploring for, appraising, developing and producing oil and gas. The Company operates through two segments: UK/Europe and Rest of the World. It is an onshore hydrocarbon producer, delivering natural gas and crude oil to the energy market.

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