FinnCap Reiterates Buy Rating for The Parkmead Group plc (PMG)
The Parkmead Group plc (LON:PMG)‘s stock had its “buy” rating restated by research analysts at FinnCap in a research report issued to clients and investors on Friday. They currently have a GBX 80 ($1.00) price objective on the stock. FinnCap’s price target points to a potential upside of 40.97% from the stock’s previous close.
Several other brokerages also recently weighed in on PMG. Beaufort Securities reissued a “speculative buy” rating on shares of The Parkmead Group plc in a research note on Thursday, September 15th. Panmure Gordon reissued a “buy” rating and issued a GBX 105 ($1.31) target price on shares of The Parkmead Group plc in a research note on Wednesday, September 14th.
Shares of The Parkmead Group plc (LON:PMG) opened at 56.75 on Friday. The Parkmead Group plc has a one year low of GBX 39.00 and a one year high of GBX 71.12. The firm’s market cap is GBX 56.14 million. The company has a 50-day moving average of GBX 56.06 and a 200 day moving average of GBX 52.93.
About The Parkmead Group plc
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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