DekelOil Public Ltd (LON:DKL) target price raised to 21.00GBX, reported today by Beaufort Securities
- Updated: September 24, 2016
Yesterday DekelOil Public Ltd (LON:DKL) traded -3.37% lower at 11.13GBX. The company’s 50-day moving average is 10.72GBX and its 200-day moving average is 12.53GBX. The last stock close price is down -14.23% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 136,359 shares of the stock were exchanged, down from an average trading volume of 219,844
DekelOil Public Ltd (LON:DKL) had its target price raised to 21.00GBX by Beaufort Securities in a report released 09/22/2016. The new target price indicates a possible upside of 0.89% based on the company's last stock close price.
Previously on 9/21/2016, Cantor Fitzgerald reported about DekelOil Public Ltd (LON:DKL) raised the target price from 23.50GBX to 24.00GBX. At the time, this indicated a possible upside of 1.21%.
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DekelOil Public Ltd has a 52 week low of 8.49GBX and a 52 week high of 17.00GBX with a P/E ratio of 17.92 The company’s market cap is currently 0 GBX.
In addition to Beaufort Securities reporting its stock price target, a total of 1 equity analyst has released a ratings update on the stock. The consensus target price is 0.30GBX with zero equity analysts rating the company a strong buy, two brokerages rating the company a buy, 0 firms rating the stock a hold, 0 equity analysts rating the company a underperform, and lastly zero brokerages rating the company a sell.
More About DekelOil Public Ltd (LON:DKL)
DekelOil Public Limited is a United Kingdom-based company, which is engaged in developing and cultivating palm oil plantations in Cote d'lvoire. The Company is also engaged in the processing, production and marketing of Crude Palm Oil (CPO). Its agricultural and oil palm processing infrastructure includes a computerized oil palm nursery with a capacity of approximately one million plants per year. It owns and operates DekelOil Cote d'Ivoire Ltd, which has a palm oil project in southeast Ivory Coast in partnership with its joint venture partner, Biopalm Energy Ltd. The project encompasses the cultivation of oil palm plantations and the construction of a palm oil mill. The Company has over 1,890 hectares of Company-owned estates planted and a 60-ton per hour fresh fruit bunches (FFB) processing mill. It has rights over 170 oil palm estates covering approximately 2,360 hectares of land within a radius of approximately 80 kilometers of Ayenouan village.
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