Beaufort Securities lowered shares of Igas Energy (LON:IGAS) to a hold rating in a report released on Wednesday, AnalystRatingsNetwork.com reports.
Igas Energy (LON:IGAS) traded down 0.11% during mid-day trading on Wednesday, hitting GBX 109.005. The stock had a trading volume of 460,407 shares. Igas Energy has a 1-year low of GBX 63.217 and a 1-year high of GBX 148.176. The stock’s 50-day moving average is GBX 105.7 and its 200-day moving average is GBX 107..
A number of other firms have also recently commented on IGAS. Analysts at Jefferies Group reiterated a buy rating on shares of Igas Energy in a research note to investors on Tuesday. They now have a GBX 195 ($3.17) price target on the stock. Analysts at Canaccord Genuity raised their price target on shares of Igas Energy from GBX 174 ($2.82) to GBX 181 ($2.94) in a research note to investors on Tuesday, September 10th. They now have a buy rating on the stock. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of GBX 173.75 ($2.82).
IGas Energy plc is exploring for, appraising, developing and producing oil and gas resources in Great Britain.
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