Peel Hunt Reaffirms Buy Rating for Eland Oil & Gas PLC (ELA)
Posted by Jim Brewer on Nov 19th, 2015 // No Comments Share on StockTwits
Eland Oil & Gas PLC logoPeel Hunt reissued their buy rating on shares of Eland Oil & Gas PLC (LON:ELA) in a report published on Monday morning, ARN reports. They currently have a GBX 120 ($1.83) price objective on the stock.
Eland Oil & Gas PLC Receives GBX 125.75 Consensus PT from Analysts (LON:ELA) Posted on November 19, 2015 by Stefani Robinson in Consensus Rating Articles, Investing
Eland Oil & Gas PLC logoShares of Eland Oil & Gas PLC (LON:ELA) have been assigned a consensus recommendation of “Buy” from the six analysts that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 125.75 ($1.91).
• Eland Oil & Gas (LON:ELA) – Portfolio Shaping up Nicely: While we have no doubt that there will continue use to be headwinds in the continued progress of the Company, today's news demonstrates that the management and operational team are tackling them head on.
Eland Oil & Gas PLC (AIM:ELA), the oil and gas production, development and exploration company operating in West Africa with a principal focus on Nigeria, is pleased to announce that it has materially increased current production rates.
Following the successful workover of the Opuama-1 well, the Opuama field is now producing from 4 strings from 2 wells. This successful intervention has resulted in an increase in average gross production output to 4,400 bopd (1,980 bopd net to Elcrest Exploration and Production Nigeria Ltd, Eland's joint venture company). This represents an increase of over 50% from previously announced production levels.
The Opuama Field has recorded 93% uptime in the 4 months between July and October this year.
Eland Oil & Gas PLC 356.4% Potential Upside Indicated by Cantor Fitzgerald
Posted by: Ruth Bannister 16th November 2015
Eland Oil & Gas PLC using EPIC/TICKER code LON:ELA has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ today by analysts at Cantor Fitzgerald. Eland Oil & Gas PLC are listed in the Oil & Gas sector within AIM. Cantor Fitzgerald have set a target price of 178 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 356.4% from the opening price of 39 GBX. Over the last 30 and 90 trading days the company share price has decreased 6.5 points and decreased 27.5 points respectively.
Eland Oil & Gas PLC’s Outperform Rating Reaffirmed at Davy Research (ELA) November 16th, 2015 - 0 comments - Filed Under - by Mark Watkins Share on StockTwits
Eland Oil & Gas PLC logoEland Oil & Gas PLC (LON:ELA)‘s stock had its “outperform” rating restated by research analysts at Davy Research in a research report issued to clients and investors on Monday, Analyst Ratings Network.com reports.
Shares of Eland Oil & Gas PLC (LON:ELA) opened at 39.0700 on Monday. The company’s market capitalization is GBX 60.66 million. Eland Oil & Gas PLC has a 1-year low of GBX 38.25 and a 1-year high of GBX 86.50. The company’s 50 day moving average price is GBX 42.45 and its 200-day moving average price is GBX 57.70.
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