Green Dragon Gas Ltd. (LON:GDG) had its target price lifted by Peel Hunt from GBX 561 ($7.32) to GBX 593 ($7.74) in a research report sent to investors on Tuesday morning. Peel Hunt currently has a buy rating on the stock.

Shares of Green Dragon Gas (LON:GDG) opened at 230.00 on Tuesday. The stock’s 50 day moving average price is GBX 239.23 and its 200 day moving average price is GBX 250.92. Green Dragon Gas has a 12 month low of GBX 196.00 and a 12 month high of GBX 300.10. The stock’s market capitalization is GBX 358.97 million.

About Green Dragon Gas

Green Dragon Gas Ltd. is a Hong Kong-based investment holding company. The Company, through its subsidiaries, is engaged in the exploration, development and production of coal bed methane in the People’s Republic of China (PRC). The coal bed methane operations in the PRC are conducted through production sharing arrangements with China United Coal Bed Methane Corporation Ltd.

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