President Energy PLC (LON:PPC) had its target price lowered by stock analysts at Peel Hunt from GBX 18 ($0.23) to GBX 17 ($0.22) in a report released on Tuesday. The firm presently has a “buy” rating on the stock. Peel Hunt’s price target suggests a potential upside of 121.50% from the company’s previous close.
Separately, Canaccord Genuity reiterated a “speculative buy” rating and issued a GBX 12 ($0.16) target price on shares of President Energy PLC in a research note on Wednesday, August 31st.
President Energy PLC (LON:PPC) traded up 1.790% during midday trading on Tuesday, reaching GBX 7.675. The company’s stock had a trading volume of 994,126 shares. The firm has a 50-day moving average price of GBX 11.61 and a 200 day moving average price of GBX 9.00. President Energy PLC has a 52-week low of GBX 4.51 and a 52-week high of GBX 14.72. The stock’s market capitalization is GBX 36.20 million.
In other President Energy PLC news, insider Levine,Peter M purchased 150,000 shares of the business’s stock in a transaction on Friday, July 15th. The stock was purchased at an average price of GBX 8 ($0.10) per share, for a total transaction of £12,000 ($15,663.75).