What Will Happen to Lekoil Ltd Next? The Stock Just Boosted A Lot

 What Will Happen to Lekoil Ltd Next? The Stock Just Boosted A Lot

The stock of Lekoil Ltd (LON:LEK) is a huge mover today! The stock closed at GBX 23 during the last session. It is down 29.58% since April 18, 2016 and is uptrending. It has outperformed by 24.89% the S&P500.
The move comes after 5 months positive chart setup for the GBX 118.87M company. It was reported on Nov, 16 by Barchart.com. We have GBX 54.97 PT which if reached, will make LON:LEK worth GBX 165.23M more.

Lekoil Ltd (LON:LEK) Ratings Coverage

Out of 4 analysts covering Lekoil (LON:LEK), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Lekoil has been the topic of 7 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Mirabaud given on Tuesday, December 1. UBS maintained Lekoil Ltd (LON:LEK) on Wednesday, December 2 with “Buy” rating. The firm has “Speculative Buy” rating given on Wednesday, August 31 by Canaccord Genuity. Mirabaud maintained it with “Buy” rating and GBX 57 target price in Tuesday, June 21 report. The firm earned “Hold” rating on Friday, September 11 by Canaccord Genuity. Westhouse Securities maintained it with “Buy” rating and GBX 73 target price in Wednesday, July 29 report. Westhouse Securities maintained Lekoil Ltd (LON:LEK) rating on Tuesday, August 11. Westhouse Securities has “Buy” rating and GBX 73 price target.

Another recent and important Lekoil Ltd (LON:LEK) news was published by Fool.Co.Uk which published an article titled: “Lekoil Ltd Surges 20% On First Oil Production: Is It A Better Buy Than Nostrum …” on September 07, 2015.

Lekoil Limited is an oil and gas exploration and production firm with interests in Nigeria and Namibia. The company has a market cap of 118.87 million GBP. The Firm is engaged in exploration, development and production of petroleum oil and natural gas. It currently has negative earnings. The Company’s geographical divisions include Nigeria, Namibia, USA and Cayman.

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