Shares of Falkland Oil and Gas Limited (LON:FOGL) have earned a consensus rating of “Hold” from the eight brokerages that are presently covering the stock. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 13 ($0.17).

Separately, Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 38 ($0.50) price objective on shares of Falkland Oil and Gas Limited in a research note on Thursday, August 25th.

Falkland Oil and Gas Limited Company Profile

Falkland oil and Gas Limited is a United Kingdom-based oil and gas exploration company. The Company’s portfolio covers the North, South and East Falkland Basins. The Company holds interest in the Sea Lion development project. The Company is focused on oil and gas exploration activities in the Falkland Islands.

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