Eland Oil & Gas PLC (ELA) Price Target Increased to GBX 115 by Analysts at Canaccord Genuity
Eland Oil & Gas PLC (LON:ELA) had its target price hoisted by Canaccord Genuity from GBX 100 ($1.32) to GBX 115 ($1.51) in a research note released on Monday. The firm currently has a buy rating on the stock.
Separately, Peel Hunt restated a buy rating and issued a GBX 90 ($1.18) price target on shares of Eland Oil & Gas PLC in a report on Friday, July 21st.
Eland Oil & Gas PLC (LON:ELA) traded down GBX 1 ($0.01) during midday trading on Monday, reaching GBX 63.75 ($0.84). The company’s stock had a trading volume of 176,362 shares, compared to its average volume of 333,932. Eland Oil & Gas PLC has a 52-week low of GBX 34 ($0.45) and a 52-week high of GBX 75 ($0.99).
COPYRIGHT VIOLATION WARNING: “Eland Oil & Gas PLC (ELA) Price Target Increased to GBX 115 by Analysts at Canaccord Genuity” was originally reported by Daily Political and is the sole property of of Daily Political. If you are viewing this article on another website, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The legal version of this article can be accessed at https://www.dailypolitical.com/2017/11/14/eland-oil-gas-plc-ela-price-target-increased-to-gbx-115-by-analysts-at-canaccord-genuity.html.
About Eland Oil & Gas PLC
Eland Oil & Gas PLC is a United Kingdom-based independent oil and gas company. The Company focuses on the production and development in West Africa, primarily in the Niger Delta region of Nigeria. It focuses on building and developing a portfolio of producing upstream oil and gas assets in West Africa.
Receive News & Ratings for Eland Oil & Gas PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eland Oil & Gas PLC and related companies with MarketBeat.com's FREE daily email newsletter.