Independent Oil & Gas PLC (LON:IOG) Receives Corporate Rating from FinnCap

FinnCap reissued their corporate rating on shares of Independent Oil & Gas PLC (LON:IOG) in a research note released on Friday morning. They currently have a GBX 123 ($1.61) target price on the stock.

Shares of Independent Oil & Gas PLC (LON:IOG) traded down 3.77% on Friday, hitting GBX 12.75. 20,607 shares of the stock traded hands. The firm’s 50 day moving average is GBX 16.46 and its 200-day moving average is GBX 17.00. The company’s market cap is GBX 13.93 million. Independent Oil & Gas PLC has a 12 month low of GBX 11.35 and a 12 month high of GBX 38.22.

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Independent Oil & Gas PLC Company Profile

Independent Oil and Gas plc (IOG) is a development and production company. The Company is engaged in the exploration and development of oil and gas opportunities in the United Kingdom North Sea. The Company owns approximately two traditional licenses and over two promote licenses all in the North Sea.

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