VAALCO Energy – Consensus Indicates Potential -23.2% Downside

Broker Ratings
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VAALCO Energy with ticker code (EGY) now have 2 analysts in total covering the stock. The consensus rating is ‘None’. The target price ranges between 5.07 and 4.61 with a mean TP of 4.84. With the stocks previous close at 6.3 this would indicate that there is a downside of -23.2%. There is a 50 day moving average of 4.55 and the 200 moving average now moves to 3.38. The market capitalisation for the company is $409m. Visit the company website at: https://www.vaalco.com

The potential market cap would be $314m 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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