Africa Energy Corp (CVE:AFE) received a C$0.35 price target from stock analysts at TD Securities in a note issued to investors on Monday. The brokerage presently has a “speculative buy” rating on the stock. TD Securities’ price objective would suggest a potential upside of 42.86% from the company’s previous close.

Africa Energy Corp Company Profile

Africa Energy Corp. (Africa Energy), formerly Horn Petroleum Corporation, is a Canada-based exploration-stage international oil and gas exploration and development company. The Company focuses on the BLOCK 2B in South Africa. Block 2B covers approximately 4,360 square kilometers of the South African Western offshore approximately 300 kilometers north of Cape Town.

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