Savannah Petroleum PLC (SAVP) Receives “Buy” Rating from Panmure Gordon
Panmure Gordon reiterated their buy rating on shares of Savannah Petroleum PLC (LON:SAVP) in a research report released on Tuesday. Panmure Gordon currently has a GBX 70 ($0.91) price target on the oil and gas exploration company’s stock.
Separately, Shore Capital restated a buy rating on shares of Savannah Petroleum PLC in a report on Thursday, August 11th.
Savannah Petroleum PLC (LON:SAVP) traded down 1.787% on Tuesday, reaching GBX 29.955. The company had a trading volume of 29,262 shares. The company’s market capitalization is GBX 57.92 million. Savannah Petroleum PLC has a 52 week low of GBX 23.63 and a 52 week high of GBX 38.00. The stock’s 50-day moving average is GBX 30.31 and its 200-day moving average is GBX 26.38.
About Savannah Petroleum PLC
Savannah Petroleum PLC is a United Kingdom-based oil and gas company. The Company’s principal activity is the management of its investment in Savannah Petroleum 1 Limited (SP1). SP1’s principal activity is the management of its investment in Savannah Petroleum 2 Limited (SP2) and the provision of services to other companies within the Company.
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