A statement released earlier today by Peel Hunt about Green Dragon Gas Ltd (LON:GDG) bumps the target price to 593.00GBX
- Updated: October 3, 2016
Peel Hunt raised the target of Green Dragon Gas Ltd (LON:GDG) to 593.00GBX stating a potential upside of 1.57%.
On Tuesday July 26, 2016, Peel Hunt released a statement about Green Dragon Gas Ltd (LON:GDG) maintained the target price at 561.00GBX that suggested an upside of 1.07%.
Having a price of 230.50GBX, Green Dragon Gas Ltd (LON:GDG) traded 0.00% even on the day. With the last stock price down -11.13% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. GDG has recorded a 50-day average of 242.02GBX and a two hundred day average of 252.05GBX. Trade Volume was down over the average, with 2,349 shares of GDG changing hands under the typical 2,511
Recent Performance Chart
Green Dragon Gas Ltd has with a one year low of 196.00GBX and a one year high of 300.10GBX and has a market capitalization of 0 GBX.
A total of 5 brokerages have released a report on Green Dragon Gas Ltd. One brokerage rating the company a strong buy, three brokerages rating the company a buy, two brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of 8.88GBX.
General Company Details For Green Dragon Gas Ltd (LON:GDG)
Green Dragon Gas Ltd. is a Hong Kong-based investment holding company. The Company, through its subsidiaries, is engaged in the exploration, development and production of coal bed methane in the People's Republic of China (PRC). The coal bed methane operations in the PRC are conducted through production sharing arrangements with China United Coal Bed Methane Corporation Ltd. and PetroChina Company Limited. The Company provides financing and management services to its subsidiaries. It operates through segments, including sale of coal bed methane (CBM) gas, retaining gas stations and corporate. In 2014, the Company's own operation team drilled 11 additional wells, bringing the total number of own wells drilled to 378 by the end of 2014. The additional wells drilled were within Shizhuang South Block.
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