Canaccord Genuity reissued their hold rating on shares of Petroneft Resources PLC (LONTR) in a research report released on Tuesday morning. Canaccord Genuity currently has a GBX 8 ($0.13) price objective on the stock. Canaccord Genuity has also updated their ratings on a number of other stocks in the last week. The firm reiterated its sell rating on shares of Diageo plc (ADR). Also, Canaccord Genuity raised its price target on shares of Canadian Imperial Bank of Commerce from C$105.00 to C$108.00. They have a buy rating on that stock. Petroneft Resources PLC (LONTR) opened at 6.275 on Tuesday. Petroneft Resources PLC has a 52-week low of GBX 3.75 and a 52-week high of GBX 7.25. The stock’s 50-day moving average is GBX 5.76 and its 200-day moving average is GBX 5.94. PetroNeft Resources Plc is an oil and gas exploration and production company, focused on Russia. The Company has interests in 4,991 square kilometers oil and gas license (LONTR) in the Tomsk Oblast in Russia and a 50% operating interest in 2,447 square kilometers oil and gas license (License 67)in Tomsk Oblast.
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