Canaccord Genuity reiterated their speculative buy rating on shares of IGAS Energy PLC (LON:IGAS) in a research note released on Friday morning. The brokerage currently has a GBX 45 ($0.59) price objective on the stock.

IGAS Energy PLC (LON:IGAS) traded up 2.04% during mid-day trading on Friday, hitting GBX 12.50. 695,396 shares of the stock traded hands. The firm’s 50-day moving average is GBX 15.63 and its 200-day moving average is GBX 15.15. IGAS Energy PLC has a 12-month low of GBX 9.94 and a 12-month high of GBX 24.35. The company’s market cap is GBX 37.30 million.

IGAS Energy PLC Company Profile

IGas Energy plc is a United Kingdom-based onshore oil and gas exploration and production company. The Company is engaged in exploring for appraising, developing and producing oil and gas resources in Britain. The Company operates through core (the United Kingdom) and non-core (rest of the world) segments.

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