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Igas Energy PLC (LON:IGAS) target price held steady at 45.00GBX, issued a report today by Canaccord Genuity

Igas Energy PLC (LON:IGAS) had its target price hold steady to 45.00GBX by Canaccord Genuity in a report released 9/30/2016. The new target price indicates a possible upside of 2.67% based on the company's last stock close price.

Previously on 6/14/2016, Canaccord Genuity reported about Igas Energy PLC (LON:IGAS) raised the target price from 0.00GBX to 45.00GBX. At the time, this indicated a possible upside of 1.86%.

Yesterday Igas Energy PLC (LON:IGAS) traded -10.66% lower at 12.25GBX. The company’s 50-day moving average is 15.72GBX and its 200-day moving average is 15.15GBX. The last stock close price is down -18.90% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 729,198 shares of the stock were exchanged, down from an average trading volume of 899,541

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Igas Energy PLC (LON:IGAS)

Igas Energy PLC has a 52 week low of 9.94GBX and a 52 week high of 24.35GBX The company’s market cap is currently 0 GBX.

In addition to Canaccord Genuity reporting its target price, a total of 4 firms have issued a report on the stock. The consensus target price is 31.00GBX with 1 firm rating the stock a strong buy, 1 firm rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Igas Energy PLC (LON:IGAS)

IGas Energy plc is a United Kingdom-based company engaged in producing oil and gas onshore. The Company is engaged in exploring for, appraising, developing and producing oil and gas. The Company operates through two segments: UK/Europe and Rest of the World. It is an onshore hydrocarbon producer, delivering natural gas and crude oil to the energy market. The Company develops and produces gas and oil resources and reserves at onshore locations in the North West of England, the East Midlands, the Weald Basin in Southern England and the northern coastal area of the Inner Moray Firth in Scotland. It produces approximately 2,500 barrels of oil equivalent per day from over 100 sites across the country. The Company's subsidiaries include Dart Energy Limited, Island Gas Limited, Island Gas Operations Limited, IGas Energy (Caithness) Limited, IGas Exploration UK Limited, Star Energy Group Limited, Star Energy Limited, Star Energy Weald Basin Limited and Star Energy Oil and Gas Limited.

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