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Faroe Petroleum PLC (LON:FPM) stock price target held steady at 115.00GBX, released a report earlier today by Peel Hunt

Boasting a price of 0.00GBX, Faroe Petroleum PLC (LON:FPM) traded 1.30% higher on the day. With the last stock price close down 6.95% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Faroe Petroleum PLC has recorded a 50-day average of 88.91GBX and a two hundred day average of 91.16GBX. Volume of trade was down over the average, with 326,615 shares of FPM changing hands under the typical 1,001,110

Reporting a potential upside of 0%, Peel Hunt hold steady the target of Faroe Petroleum PLC (LON:FPM) at 115.00GBX

On 6/13/2017, Cantor Fitzgerald released a statement for Faroe Petroleum PLC (LON:FPM) maintained the target price at 100.00GBX that suggested an upside of 0.16%.

Performance Chart

Faroe Petroleum PLC (LON:FPM)

With a market cap of 0 GBX, Faroe Petroleum PLC has 52 week low of 64.00GBX and a 52 week high of 115.00GBX .

In addition to Peel Hunt reporting its stock price target, a total of 13 brokerages have issued a ratings update on FPM. The one year target is 98.42GBX with five equity analysts rating the company a strong buy, six analysts rating the company a buy, 4 firms rating the stock a hold, 0 equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.

General Information About Faroe Petroleum PLC (LON:FPM)

Faroe Petroleum plc is an oil and gas company. The Company is focused on exploration, appraisal and production opportunities in Norway and the United Kingdom. Its portfolio consists of approximately 60 exploration, appraisal, development and production licenses in the West of Shetland, the North Sea, Norwegian Sea, Barents Sea and the Celtic Sea. Its Aerosmith – PL644/PL644 B is located approximately 20 kilometers from the Morvin and Smorbukk Fields in the prolific Halten Terrace hydrocarbon province of the Norwegian Sea. The Bister Prospect is located in the Norwegian Sea in License PL348 C, which also contains the producing Hyme Field and the Snilehorn discovery, which are adjacent to the producing Njord Field. The Brage Field is located east of Oseberg in the northern part of the North Sea. The Butch Main discovery is situated in approximately 65 meters water depth in the Southern North Sea. The Gullaxy Prospect is situated to the north of the Butch discovery in the Central Graben.

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