President Energy (PPC) Stock Rating Reaffirmed by FinnCap

President Energy (LON:PPC)‘s stock had its “corporate” rating reiterated by FinnCap in a report issued on Monday.

Separately, Peel Hunt reaffirmed a “buy” rating and set a GBX 10.50 ($0.14) price objective on shares of President Energy in a research report on Thursday, August 9th.

Shares of PPC stock opened at GBX 8.60 ($0.11) on Monday. President Energy has a 1-year low of GBX 5.75 ($0.07) and a 1-year high of GBX 12.50 ($0.16).

In other President Energy news, insider Alexander Charles Moody-Stuart purchased 100,000 shares of the stock in a transaction on Thursday, June 28th. The stock was acquired at an average price of GBX 9 ($0.12) per share, with a total value of £9,000 ($11,723.33).

About President Energy

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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