Could BowLeven PLC Decline After Today’s Huge Increase?

 Could BowLeven PLC Decline After Today's Huge Increase?

The stock of BowLeven PLC (LON:BLVN) is a huge mover today! The stock decreased 2.37% or GBX 0.59 on November 10, hitting GBX 24.16. About 680,720 shares traded hands. BowLeven PLC (LON:BLVN) has risen 15.12% since April 11, 2016 and is uptrending. It has outperformed by 9.47% the S&P500.
The move comes after 9 months positive chart setup for the GBX 78.77 million company. It was reported on Nov, 10 by Barchart.com. We have GBX 46.63 PT which if reached, will make LON:BLVN worth GBX 73.26 million more.

BowLeven PLC (LON:BLVN) Ratings Coverage

Out of 3 analysts covering BowLeven PLC (LON:BLVN), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. BowLeven PLC has been the topic of 12 analyst reports since August 13, 2015 according to StockzIntelligence Inc. Barclays Capital maintained it with “Equal Weight” rating and GBX 28 target price in Tuesday, February 9 report. Barclays Capital downgraded BowLeven PLC (LON:BLVN) rating on Thursday, August 13. Barclays Capital has “Equal Weight” rating and GBX 35 price target. As per Tuesday, November 10, the company rating was maintained by Barclays Capital. The rating was maintained by Barclays Capital on Wednesday, November 9 with “Equal Weight”. The company was maintained on Monday, February 1 by Shore Capital. The stock of BowLeven PLC (LON:BLVN) earned “Equal Weight” rating by Barclays Capital on Thursday, March 31. Macquarie Research maintained BowLeven PLC (LON:BLVN) rating on Wednesday, November 9. Macquarie Research has “Outperform” rating and GBX 49 price target. The stock of BowLeven PLC (LON:BLVN) has “Equal Weight” rating given on Thursday, November 12 by Barclays Capital. Shore Capital maintained BowLeven PLC (LON:BLVN) on Monday, August 22 with “Buy” rating. Barclays Capital maintained BowLeven PLC (LON:BLVN) on Thursday, June 9 with “Equal Weight” rating.

More important recent BowLeven PLC (LON:BLVN) news were published by: Uk.Finance.Yahoo.com which released: “-LSE Ticker: 04PYL9/ISIN: GB00B04PYL99” on March 30, 2014, also Fool.Co.Uk published article titled: “Is It Time To Load Up On BowLeven PLC, Falkland Oil and Gas Limited & SOCO …”, Fool.Co.Uk published: “Is It Safe To Buy Quindell PLC, Afren Plc And BowLeven PLC?” on July 27, 2015. More interesting news about BowLeven PLC (LON:BLVN) was released by: Fool.Co.Uk and their article: “BP plc, AFC Energy plc And BowLeven PLC: Buy, Sell Or Hold?” with publication date: February 01, 2016.

Bowleven plc is an oil and gas company. The company has a market cap of 78.77 million GBP. The Firm is focused on Africa where it holds a combination of development and exploration interests. It currently has negative earnings. The Company’s divisions include Africa and Other.

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