Pharos Energy (LON:PHAR – Get Free Report)‘s stock had its “house stock” rating reiterated by investment analysts at Shore Capital Group in a research note issued to investors on Tuesday,Digital Look reports. They presently have a GBX 36 target price on the stock. Shore Capital Group’s price target would indicate a potential upside of 31.39% from the stock’s current price.
Pharos Energy Price Performance
PHAR opened at GBX 27.40 on Tuesday. The stock has a market capitalization of £113.47 million, a PE ratio of -17.13, a P/E/G ratio of -0.02 and a beta of 0.33. The firm’s fifty day moving average price is GBX 27.18 and its 200 day moving average price is GBX 23.23. Pharos Energy has a 12-month low of GBX 18.25 and a 12-month high of GBX 29.80.
Insider Transactions at Pharos Energy
In related news, insider Sue Rivett purchased 3,482 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The shares were purchased at an average cost of GBX 28 per share, with a total value of £974.96. 16.44% of the stock is owned by corporate insiders.
About Pharos Energy
Pharos Energy is an independent oil and gas exploration and production company with a focus on sustainable growth and returns to stakeholders.
Pharos is listed on the London Stock Exchange, we have production, development and exploration interests in Egypt, Israel and Vietnam.
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