Global Energy Development PLC Receives “Buy” Rating from Westhouse Securities (GED)
Global Energy Development PLC (LON: GED)‘s stock had its “buy” rating restated by equities researchers at Westhouse Securities in a report issued on Tuesday. They currently have a $4.17 (279 GBX) target price on the stock.
Shares of Global Energy Development PLC traded up 3.55% during mid-day trading on Tuesday, hitting GBX 102.00. Global Energy Development PLC has a one year low of GBX 69.30 and a one year high of GBX 123.85. The stock’s 50-day moving average is currently GBX 74.93.
Separately, analysts at Northland Capital reiterated a “buy” rating on shares of Global Energy Development PLC in a research note to investors on Tuesday. They now have a $3.20 price target on the stock.
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