Independent Oil & Gas PLC’s (IOG) Corporate Rating Reiterated at FinnCap
Independent Oil & Gas PLC (LON:IOG)‘s stock had its “corporate” rating reissued by stock analysts at FinnCap in a research report issued to clients and investors on Friday. They presently have a GBX 68 ($0.84) price target on the stock. FinnCap’s price objective would indicate a potential upside of 345.90% from the stock’s previous close.
Shares of Independent Oil & Gas PLC (LON:IOG) opened at 18.03 on Friday. The stock has a 50 day moving average of GBX 17.63 and a 200 day moving average of GBX 19.20. The firm’s market capitalization is GBX 17.18 million. Independent Oil & Gas PLC has a 52-week low of GBX 3.75 and a 52-week high of GBX 38.22.
About Independent Oil & Gas PLC
Independent Oil and Gas plc (IOG) is a development and production company. The Company is engaged in the exploration and development of oil and gas opportunities in the United Kingdom North Sea. The Company owns approximately two traditional licenses and over two promote licenses all in the North Sea.
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