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Falcon Oil & Gas Coverage Initiated by Analysts at FinnCap (FOG)
July 23rd, 2014
Equities researchers at FinnCap assumed coverage on shares of Falcon Oil & Gas (LON:FOG) in a research report issued on Wednesday. The firm set a “buy” rating and a GBX 27 ($0.46) price target on the stock. FinnCap’s target price would indicate a potential upside of 203.37% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Davy Research reiterated an “outperform” rating on shares of Falcon Oil & Gas in a research note on Tuesday, July 15th. Separately, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Falcon Oil & Gas in a research note on Tuesday, July 15th. They now have a GBX 30 ($0.51) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Falcon Oil & Gas in a research note on Thursday, May 29th. They now have a GBX 30 ($0.51) price target on the stock.
Shares of Falcon Oil & Gas (LON:FOG) opened at 9.20 on Wednesday. Falcon Oil & Gas has a 1-year low of GBX 6.75 and a 1-year high of GBX 14.10. The stock’s 50-day moving average is GBX 9.09 and its 200-day moving average is GBX 9.61.