Trading Report: Today: GMP Securities Upgrades Condor Petroleum Inc (CPI) to Buy

Today: GMP Securities Upgrades Condor Petroleum Inc (CPI) to Buy

Condor Petroleum Inc (TSE:CPI) was upgraded by equities researchers at GMP Securities from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday.

Other analysts have also recently issued reports about the company. Dundee Securities cut their target price on Condor Petroleum from C$2.00 to C$1.80 and set a “neutral” rating on the stock in a research note on Tuesday, August 16th. Mackie reaffirmed a “buy” rating on shares of Condor Petroleum in a research report on Thursday, October 6th.

Shares of Condor Petroleum (TSE:CPI) opened at 1.75 on Thursday. The company’s 50 day moving average price is $1.10 and its 200-day moving average price is $1.11. The stock’s market capitalization is $75.71 million. Condor Petroleum has a 12 month low of $0.60 and a 12 month high of $2.05.

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