Africa Oil Corp (AOIFF) Upgraded to “Hold” at ValuEngine

ValuEngine upgraded shares of Africa Oil Corp (OTCMKTS:AOIFF) from a sell rating to a hold rating in a report issued on Thursday morning.

Separately, Zacks Investment Research raised shares of Africa Oil Corp from a hold rating to a strong-buy rating and set a $2.00 price target for the company in a research note on Monday, March 6th. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of $2.83.

Africa Oil Corp (OTCMKTS:AOIFF) traded up 1.39% during trading on Thursday, hitting $1.63. The stock had a trading volume of 31,270 shares. The company’s 50 day moving average is $1.58 and its 200 day moving average is $1.69. The firm’s market cap is $743.96 million. Africa Oil Corp has a 52-week low of $1.31 and a 52-week high of $2.14.

COPYRIGHT VIOLATION WARNING: This piece of content was first reported by Markets Daily and is the sole property of of Markets Daily. If you are reading this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright legislation. The correct version of this piece of content can be viewed at https://www.themarketsdaily.com/2017/05/19/africa-oil-corp-aoiff-upgraded-to-hold-at-valuengine.html.

Receive News & Ratings for Africa Oil Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Africa Oil Corp and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply