FinnCap Reiterates “Corporate” Rating for President Energy (PPC)

FinnCap reiterated their corporate rating on shares of President Energy (LON:PPC) in a research report report published on Tuesday morning. They currently have a GBX 19 ($0.25) target price on the stock.

Separately, Peel Hunt boosted their target price on President Energy from GBX 10 ($0.13) to GBX 11 ($0.15) and gave the company a buy rating in a research note on Monday, October 2nd.

Shares of President Energy (LON PPC) opened at GBX 9.50 ($0.13) on Tuesday. The company has a market capitalization of $101.01 and a P/E ratio of -475.00. President Energy has a 12 month low of GBX 5.49 ($0.07) and a 12 month high of GBX 12.50 ($0.17).

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About President Energy

President Energy PLC is engaged in the exploration for and the evaluation and production of oil and gas. Its segment includes the exploration and production of hydrocarbons. The Company has oil and gas production in two geographical markets: the United States and Argentina. It has exploration assets in Paraguay, Argentina, the United States and Australia.

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