Green Dragon Gas Ltd. (GDG) Given New GBX 593 Price Target at Peel Hunt
Green Dragon Gas Ltd. (LON:GDG) had its target price increased by Peel Hunt from GBX 561 ($7.32) to GBX 593 ($7.74) in a report issued on Tuesday morning. They currently have a buy rating on the stock.
Shares of Green Dragon Gas (LON:GDG) remained flat at GBX 235.00 during trading on Tuesday. 2,384 shares of the company were exchanged. The stock’s market capitalization is GBX 366.77 million. Green Dragon Gas has a 12-month low of GBX 196.00 and a 12-month high of GBX 300.10. The firm has a 50-day moving average price of GBX 241.44 and a 200 day moving average price of GBX 251.59.
About Green Dragon Gas
Green Dragon Gas Ltd. is a Hong Kong-based investment holding company. The Company, through its subsidiaries, is engaged in the exploration, development and production of coal bed methane in the People’s Republic of China (PRC). The coal bed methane operations in the PRC are conducted through production sharing arrangements with China United Coal Bed Methane Corporation Ltd.
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