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The Parkmead Group plc 51.4% Potential Upside Indicated by finnCap

The Parkmead Group plc using EPIC/TICKER code LON:PMG has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at finnCap. The Parkmead Group plc are listed in the Oil & Gas sector within AIM. finnCap have set their target price at 81 GBX on its stock. This indicates the analyst now believes there is a potential upside of 51.4% from the opening price of 53.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 11.72 points and decreased 3.5 points respectively.

 
The Parkmead Group plc LON:PMG has a 50 day moving average of 61.12 GBX and the 200 Day Moving Average price is recorded at 55.73 GBX. The 1 year high for the share price is 72.19 GBX while the 52 week low for the stock is 39 GBX. There are currently 98,929,159 shares in issue with the average daily volume traded being 173,627. Market capitalisation for LON:PMG is £52,828,172 GBP.

 

The Parkmead Group plc is an upstream oil and gas company. The Company is an independent oil and gas, exploration and production company. The Company operates through two segments: oil and gas exploration and production segment and energy economics segment.

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