Analyst Ratings For Eland Oil & Gas PLC (LON:ELA)
Today, Panmure Gordon reiterated its Buy rating on Eland Oil & Gas PLC (LON:ELA) with a price target of GBX 95.
There are 1 hold rating, 3 buy ratings on the stock.
The current consensus rating on Eland Oil & Gas PLC (LON:ELA) is Buy (Score: 2.75) with a consensus target price of GBX 100 per share, a potential .
Some recent analyst ratings include
- 2/21/2017-Panmure Gordon Reiterated Rating of Buy.
- 11/23/2016-Canaccord Genuity Reiterated Rating of Speculative Buy.
- 4/27/2016-Davy Research Reiterated Rating of Outperform.
- 11/28/2015-Panmure Gordon & Co. Plc Reiterated Rating of Buy.
- 5/22/2015-Westhouse Securities Reiterated Rating of Buy.
- 3/17/2015-Cantor Fitzgerald Europe initiated coverage with a Buy rating.
About Eland Oil & Gas PLC (LON:ELA)
Eland Oil & Gas PLC is focused on building and developing a portfolio of producing upstream oil and gas assets in West Africa. The Company operates in exploration and production of oil and gas reserves in Nigeria segment. The Company’s core assets are the OML 40 license and the Ubima field, both onshore Nigeria. The OML 40 license is situated within the Niger Delta, approximately 75 kilometers northwest of Warri and covers an area of over 498 square kilometers. OML 40 includes Polobo, Abiala South, Opuama, Abiala North, Adagbassa Creek and Ugbo. OML 40’s booked reserves are found in Opuama in the western, and Gbetiokun in the eastern, part of the license. The license area of Ubima Field is approximately 65 square kilometers, located onshore in the northern part of Rivers State and has been carved out of OML 17, which is operated by Shell Petroleum Development Company.
Recent Trading Activity for Eland Oil & Gas PLC (LON:ELA)
Shares of Eland Oil & Gas PLC closed the previous trading session at 48.24 up +2.49 5.44% with 0 shares trading hands.
