Analyst Upgrades – Faroe Petroleum plc (LON:FPM) Stock Gets Upgraded By Canaccord Genuity from Buy to

Analyst Ratings For Faroe Petroleum plc (LON:FPM)

Story continues below

Today, Faroe Petroleum plc (LON:FPM) stock received an upgrade by Canaccord Genuity from Buy with a price target of GBX 115.

There are 3 hold ratings, 6 buy ratings on the stock.

The current consensus rating on Faroe Petroleum plc (LON:FPM) is Buy (Score: 2.67) with a consensus target price of GBX 106.75 per share, a potential .

Some recent analyst ratings include

  • 3/1/2017-Canaccord Genuity Upgrade from a “Buy” rating to a “” rating.
  • 2/13/2017-Jefferies Group LLC Reiterated Rating of Buy.
  • 2/3/2017-Macquarie Upgrade from a “Outperform” rating to a “” rating.
  • 1/18/2017-Peel Hunt Reiterated Rating of Buy.
  • 1/18/2017-GMP Securities Reiterated Rating of Buy.


    About Faroe Petroleum plc (LON:FPM)
    Faroe Petroleum plc is an oil and gas company. The Company is focused on exploration, appraisal and production opportunities in Norway and the United Kingdom. Its portfolio consists of approximately 60 exploration, appraisal, development and production licenses in the West of Shetland, the North Sea, Norwegian Sea, Barents Sea and the Celtic Sea. Its Aerosmith – PL644/PL644 B is located approximately 20 kilometers from the Morvin and Smorbukk Fields in the prolific Halten Terrace hydrocarbon province of the Norwegian Sea. The Bister Prospect is located in the Norwegian Sea in License PL348 C, which also contains the producing Hyme Field and the Snilehorn discovery, which are adjacent to the producing Njord Field. The Brage Field is located east of Oseberg in the northern part of the North Sea. The Butch Main discovery is situated in approximately 65 meters water depth in the Southern North Sea. The Gullaxy Prospect is situated to the north of the Butch discovery in the Central Graben.

    Recent Trading Activity for Faroe Petroleum plc (LON:FPM)
    Shares of Faroe Petroleum plc closed the previous trading session at 104.25 up +1.50 1.46% with 403,248 shares trading hands.

    An ad to help with our costs