VAALCO Energy – Consensus Indicates Potential -6.7% Downside

Broker Ratings
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VAALCO Energy found using ticker (EGY) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘None’. The range between the high target price and low target price is between 5.07 and 4.61 calculating the mean target price we have 4.84. Now with the previous closing price of 5.19 this would indicate that there is a downside of -6.7%. The 50 day moving average now sits at 3.63 and the 200 day moving average is 3.1. The market cap for the company is $316m. You can visit the company’s website by visiting: https://www.vaalco.com

The potential market cap would be $295m 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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