Pedevco Corp. – Consensus Indicates Potential 124.8% Upside

Broker Ratings

Pedevco Corp. found using ticker (PED) now have 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 2.4 and 2.15 calculating the average target price we see 2.27. Given that the stocks previous close was at 1.01 this is indicating there is a potential upside of 124.8%. The 50 day moving average now sits at 1.06 and the 200 day moving average is 1.15. The market capitalisation for the company is $87m. Visit the company website at:

The potential market cap would be $195m based on the market concensus.

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PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. The company is headquartered in Houston, Texas. PEDEVCO Corp. is a subsidiary of SK Energy LLC.

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