SDX Energy PLC 69.9% potential upside indicated by Peel Hunt Limited

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SDX Energy PLC with ticker (LON:SDX) now has a potential upside of 69.9% according to Peel Hunt Limited.

Peel Hunt Limited set a target price of 30 GBX for the company, which when compared to the SDX Energy PLC share price of 9 GBX at opening today (25/11/2021) indicates a potential upside of 69.9%. Trading has ranged between 9 (52 week low) and 20 (52 week high) with an average of 338,953 shares exchanging hands daily. The market capitalisation at the time of writing is £18,720,193.

SDX Energy plc is a United Kingdom-based international oil and gas exploration, production and development company. The Company’s operations are focused on North Africa. In Egypt, the Company has an interest in West Gharib (Meseda), which is located in the Eastern Desert. Its operations include Egypt, South Disouq, Meseda and Morocco. It Egypt’s operation is located in Eastern Desert, Nile Delta and Gulf of Suez basins. The South Disouq concession consists of an approximately 1,275 square kilometers acreage position in the Nile Delta. The Meseda field is located on the west side of the Gulf of Suez. The Moroccan consists of five concessions, all of which are located in the Gharb Basin in northern Morocco: Sebou, Lalla Mimouna Nord, Gharb Centre, Lalla Mimouna Sud, and Moulay Bouchta Ouest.

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