The Peel Hunt Raises Eland Oil & Gas PLC (ELA) Price Target to GBX 90

The Peel Hunt Raises Eland Oil & Gas PLC (ELA) Price Target to GBX 90

Eland Oil & Gas PLC (LON:ELA) had its target price upped by Peel Hunt from GBX 80 ($1.04) to GBX 90 ($1.17) in a research report report published on Tuesday. They currently have a buy rating on the stock.

A number of other analysts have also weighed in on ELA. Panmure Gordon reaffirmed a buy rating and issued a GBX 95 ($1.24) price target on shares of Eland Oil & Gas PLC in a research note on Thursday, September 22nd. Canaccord Genuity reaffirmed a speculative buy rating and issued a GBX 110 ($1.44) price target on shares of Eland Oil & Gas PLC in a research note on Tuesday, July 12th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Eland Oil & Gas PLC presently has an average rating of Buy and a consensus target price of GBX 106.25 ($1.39).

Shares of Eland Oil & Gas PLC (LON:ELA) opened at 42.50 on Tuesday. The stock’s market capitalization is GBX 81.86 million. The firm has a 50-day moving average of GBX 33.92 and a 200 day moving average of GBX 29.50. Eland Oil & Gas PLC has a 1-year low of GBX 20.50 and a 1-year high of GBX 45.00.

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