Pedevco Corp. – Consensus Indicates Potential 138.9% Upside

Broker Ratings

Pedevco Corp. found using ticker (PED) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 2.4 and 2.15 and has a mean target at 2.27. With the stocks previous close at 0.95 this indicates there is a potential upside of 138.9%. The 50 day moving average now sits at 1.07 and the 200 day MA is 1.15. The market capitalisation for the company is $82m. Company Website:

The potential market cap would be $197m 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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