Investment analysts at Investec Securities raised their target price on shares of Exillon Energy (LON: EXI) from $3.01 (200 GBX) to $3.16 (210 GBX) in a note issued to investors on Friday. The firm currently has a “buy” rating on the stock.

Exillon Energy opened at 160.00 on Friday. Exillon Energy has a 1-year low of GBX 85.00 and a 1-year high of GBX 227.00. The stock’s 50-day moving average is currently GBX 139.4. The company’s market cap is £252.6 million.

A number of other firms have also recently commented on EXI. Analysts at Investec reiterated a “buy” rating on shares of Exillon Energy in a research note to investors on Friday, March 1st. They now have a $3.03 price target on the stock.

Exillon Energy plc is an independent oil producer with operations located in two oil-rich regions of northern Russia, Timan-Pechora and West Siberia.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.