VAALCO Energy – Consensus Indicates Potential -15.7% Downside

Broker Ratings
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VAALCO Energy with ticker code (EGY) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘None’. The target price ranges between 5.07 and 4.61 calculating the mean target price we have 4.84. Given that the stocks previous close was at 5.74 this now indicates there is a potential downside of -15.7%. There is a 50 day moving average of 3.9 and the 200 day moving average is 3.18. The company has a market capitalisation of $325m. You can visit the company’s website by visiting: https://www.vaalco.com

The potential market cap would be $274m based on the market concensus.

VAALCO Energy, an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon in West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa. VAALCO Energy was incorporated in 1985 and is headquartered in Houston, Texas.

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