The Parkmead Group plc (PMG) Given Buy Rating at Panmure Gordon
The Parkmead Group plc (LON:PMG)‘s stock had its “buy” rating reiterated by equities research analysts at Panmure Gordon in a note issued to investors on Friday. They currently have a GBX 105 ($1.31) target price on the stock. Panmure Gordon’s price target suggests a potential upside of 91.78% from the stock’s current price.
A number of other equities research analysts have also commented on PMG. FinnCap started coverage on The Parkmead Group plc in a research report on Monday, August 8th. They set a “buy” rating and a GBX 80 ($1.00) price target on the stock. Beaufort Securities reaffirmed a “speculative buy” rating on shares of The Parkmead Group plc in a research report on Thursday, August 11th.
The Parkmead Group plc (LON:PMG) opened at 54.75 on Friday. The firm’s market capitalization is GBX 54.16 million. The Parkmead Group plc has a one year low of GBX 39.00 and a one year high of GBX 76.55. The stock’s 50 day moving average price is GBX 55.94 and its 200-day moving average price is GBX 52.99.
The Parkmead Group plc Company Profile
The Parkmead Group plc (Parkmead) is a United Kingdom-based independent oil and gas, exploration and production company. The Company produces oil and gas from a portfolio of fields across the United Kingdom and Netherlands, and holds interests in over 50 exploration and production blocks across Europe.
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