Afren (LON: AFR)‘s stock had its “buy” rating reiterated by investment analysts at Oriel Securities Ltd in a note issued to investors on Friday.
Shares of Afren traded down 1.83% during mid-day trading on Friday, hitting GBX 139.60. Afren has a 52 week low of GBX 92.85 and a 52 week high of GBX 162.00. The stock’s 50-day moving average is currently GBX 137.2. The company’s market cap is £1.517 billion.
AFR has been the subject of a number of other recent research reports. Analysts at Investec reiterated a “hold” rating on shares of Afren in a research note to investors on Friday. They now have a $2.09 price target on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Afren from $2.42 to $3.02 in a research note to investors on Monday. They now have a “buy” rating on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Afren in a research note to investors on Tuesday, January 22nd. They now have a $1.95 price target on the stock.
Afren plc (Afren) is engaged in oil and gas exploration, development and production in Africa and the Kurdistan region of Iraq.
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