Lundin Petroleum AB (OTC:LNDNF) was downgraded by Citigroup Inc. from a “neutral” rating to a “sell” rating in a report released on Tuesday.

Shares of Lundin Petroleum AB (OTC LNDNF) opened at 21.43 on Tuesday. The firm’s market capitalization is $7.29 billion. Lundin Petroleum AB has a one year low of $16.27 and a one year high of $23.41. The stock has a 50 day moving average of $22.54 and a 200-day moving average of $20.45.

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Lundin Petroleum AB Company Profile

Lundin Petroleum AB is a Sweden-based company, which explores, develops and produces oil and gas. The Company’s main business is the exploration, the development of, and the production of oil and gas. The Company maintains a portfolio of oil and gas production assets and development projects in various countries with exposure to exploration opportunities.

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