Egdon Resources Plc 212.5% Potential Upside Indicated by Cantor Fitzgerald

Broker Ratings
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Egdon Resources Plc using EPIC/TICKER code (LON:EDR) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Cantor Fitzgerald. Egdon Resources Plc are listed in the Oil & Gas sector within AIM. Cantor Fitzgerald have set a target price of 20 GBX on its stock. This now indicates the analyst believes there is a possible upside of 212.5% from today’s opening price of 6.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 1.8 points and decreased 1.8 points respectively. The 1 year high for the stock price is 12.75 GBX while the 52 week low for the stock is 5.42 GBX.

Egdon Resources Plc has a 50 day moving average of 7.78 GBX and the 200 Day Moving Average price is recorded at 8.59. There are currently 259,984,822 shares in issue with the average daily volume traded being 247,094. Market capitalisation for LON:EDR is £16,847,015 GBP.

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