Separately, Peel Hunt reissued a buy rating and issued a GBX 10.50 ($0.14) price target on shares of President Energy in a research note on Thursday, August 9th.
President Energy stock opened at GBX 9.77 ($0.13) on Tuesday. President Energy has a 1-year low of GBX 5.75 ($0.08) and a 1-year high of GBX 12.50 ($0.16).
President Energy PLC engages in the exploration, evaluation, and production of oil and gas properties primarily in South America. The company holds interests in the Pirity and Hernandarias concessions located in the Pirity Sub-Basin in Paraguay; and the CNO-8 Puesto Guardian, and Matorras and Ocultar licenses in Argentina.
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