Star Energy Group PLC 519.5% potential upside indicated by Canaccord Genuity

Star Energy Group PLC with ticker (LON:STAR) now has a potential upside of 519.5% according to Canaccord Genuity.



Canaccord Genuity set a target price of 70 GBX for the company, which when compared to the Star Energy Group PLC share price of 11 GBX at opening today (20/10/2023) indicates a potential upside of 519.5%. Trading has ranged between 9 (52 week low) and 43 (52 week high) with an average of 297,487 shares exchanging hands daily. The market capitalisation at the time of writing is £5,964,021.

Star Energy Group plc is a United Kingdom-based energy company. The Company is engaged in onshore energy production, exploration, development and production of onshore oil and gas at its sites. The Company operates various onshore oil and gas fields in Britain. The Company is also engaged in the development and building of geothermal energy. It is an onshore hydrocarbon producer in the United Kingdom, which delivers natural gas and crude oil to Britain’s energy market. It develops and produces gas and oil reserves at onshore locations in the East Midlands and the Weald Basin in Southern England. It has 28 fields with over 90 sites around the country, producing predominantly oil. Its subsidiaries include Island Gas Limited, IGas Energy Enterprise Limited, Star Energy Group Limited, Star Energy Limited, Star Energy Weald Basin Limited, GT Energy UK Limited and others.