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Independent Oil Gas PLC (LON:IOG) stock price target held steady at 123.00GBX, issued a ratings update today by finnCap

Independent Oil Gas PLC (LON:IOG) had its target price hold steady to 123.00GBX by finnCap in a report released Thursday October 12, 2017. The new target price indicates a possible upside of 4.47% based on the company's last stock close price.

Yesterday Independent Oil Gas PLC (LON:IOG) traded 0.00% even at 22.50GBX. The company’s 50-day moving average is 14.50GBX and its 200-day moving average is 15.86GBX. The last closing price is up 0.90% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 20,607 shares of the stock traded hands, down from an average trading volume of 315,168

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Independent Oil Gas PLC (LON:IOG)

Independent Oil Gas PLC has a with a one year low of 11.35GBX and a one year high of 22.00GBX IOG’s total market value is presently 0 GBX.

A total of 1 equity analyst has released a ratings update on IOG. One equity analyst rating the company a strong buy, zero equity analysts rating the company a buy, zero 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 57.00GBX.

General Company Details For Independent Oil Gas PLC (LON:IOG)

Independent Oil and Gas plc (IOG) is a development and production company. The Company is engaged in the exploration and development of oil and gas opportunities in the United Kingdom North Sea. The Company owns approximately two traditional licenses and over two promote licenses all in the North Sea. The Company's licenses include P1736 covering blocks 48/22b and 48/23a in which lies the Blythe gas field; P1609 covering block 9/21a in which lies the Skipper oil discovery; P2085 covering blocks 48/23c and 48/24b (Truman and Harvey), and P2260 covering block 48/22c (Elgood, Hambleton, Tetley and Rebellion). The Company's subsidiaries include IOG Skipper Limited and IOG North Sea Limited, which are engaged in the business of oil and gas exploration in the North Sea.

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