Shore Capital Reaffirms “Buy” Rating for BowLeven PLC (BLVN)

Shore Capital Reaffirms “Buy” Rating for BowLeven PLC (BLVN)

BowLeven PLC (LON:BLVN)‘s stock had its “buy” rating reaffirmed by equities research analysts at Shore Capital in a research note issued to investors on Tuesday.

A number of other brokerages have also commented on BLVN. Barclays PLC reiterated an “equal weight” rating on shares of BowLeven PLC in a report on Friday, January 27th. Macquarie reiterated an “outperform” rating and set a GBX 49 ($0.60) price target on shares of BowLeven PLC in a report on Thursday, January 5th.

Shares of BowLeven PLC (LON:BLVN) opened at 35.50 on Tuesday. The stock’s 50 day moving average price is GBX 32.40 and its 200 day moving average price is GBX 26.79. The firm’s market capitalization is GBX 116.08 million. BowLeven PLC has a 12-month low of GBX 19.04 and a 12-month high of GBX 37.64.

BowLeven PLC Company Profile

Bowleven plc is an oil and gas company. The Company is focused on Africa where it holds a combination of development and exploration interests. Its segments include Africa and Other. The Company’s Africa operations focus on exploration and appraisal activities in Cameroon and Kenya. It operates in Cameroon through its subsidiary, EurOil Ltd, which is an indigenous Cameroon company.

Related posts

Leave a Comment