RE: Broker upgrade by Peel Hunt to ADD1 Mar 2018 11:37
better yet ..........
Amerisur Resources PLC (LON:AMER) Hit By Peel Hunt Upgraded.
Has GBX 19.00 Target; Afam Capital Lifted Its Kroger (KR) Holding
March 1, 2018 - By Dolores Ford
Trading of Amerisur Resources PLC (LON:AMER)�s shares is going to be interesting today, as Peel Hunt upgraded the stock to a �Add�. Along the rating upgrade, Peel Hunt analysts gave a target of GBX 19.00 or 16.00% more.
Amerisur Resources Plc
operates as an independent exploration and production gas and oil firm primarily in Colombia and Paraguay. The company has market cap of 198.31 million GBP. It has a 100% working interest in the Platanillo block covering an area of 14,341 hectares in the Putumayo Basin, in the south of Colombia; 60% working interest in the Putumayo-12 block covering an area of 55,000 hectares adjacent to the Platanillo block; 50% working interest in Putumayo-30 block covering an area of approximately 38,514 hectares located in the northern Putumayo basin; 30% working interest in the CPO-5 covering an area of 198,000 hectares located to the south of block Llanos 34 and to the east of the Corcel fields; 100% working interest in the Tacacho contract located in the Caguan-Putumayo basin; 50% working interest in Putumayo-8 Block located adjacent to the west of the Platanillo field; 100% working interest and operatorship in the Coati Block located to the South West of the Putumayo basin; and 100% working interest in the Andaquies Block located to the north east of the Putumayo basin. It currently has negative earnings. The firm also owns a 100% interest in the Putumayo-9 contract located to the east of Platanillo; 58% working interest in the Mecaya contract area; and 100% interest in the Terecay contract area.