Eland Oil & Gas (LON:ELA)‘s stock had its “buy” rating reiterated by analysts at Peel Hunt in a report issued on Friday. They currently have a GBX 100 ($1.35) target price on the stock. Peel Hunt’s price objective points to a potential upside of 44.67% from the stock’s current price.

Several other equities research analysts have also recently weighed in on ELA. Canaccord Genuity upped their price target on Eland Oil & Gas from GBX 100 ($1.35) to GBX 115 ($1.55) and gave the company a “buy” rating in a research report on Monday, November 13th. Canaccord Genuity Group upped their price target on Eland Oil & Gas from GBX 100 ($1.35) to GBX 115 ($1.55) and gave the company a “buy” rating in a research report on Monday, November 13th.

Shares of Eland Oil & Gas (LON ELA) opened at GBX 69.13 ($0.93) on Friday. Eland Oil & Gas has a 52-week low of GBX 38.50 ($0.52) and a 52-week high of GBX 75 ($1.01). The firm has a market capitalization of $153.44 and a PE ratio of 1,382.50.

COPYRIGHT VIOLATION NOTICE: “Eland Oil & Gas (ELA) Rating Reiterated by Peel Hunt” was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another domain, it was illegally copied and reposted in violation of U.S. & international trademark & copyright legislation. The correct version of this article can be accessed at https://www.thecerbatgem.com/2017/12/24/eland-oil-gas-ela-rating-reiterated-by-peel-hunt.html.

About Eland Oil & Gas

Eland Oil & Gas PLC is a United Kingdom-based independent oil and gas company. The Company focuses on the production and development in West Africa, primarily in the Niger Delta region of Nigeria. It focuses on building and developing a portfolio of producing upstream oil and gas assets in West Africa.

Receive News & Stock Ratings for Eland Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eland Oil & Gas and related stocks with our FREE daily email newsletter.