Africa Oil (CVE: AOI)?s stock had its ?outperform? rating reaffirmed by RBC Capital in a research note issued on Wednesday. They currently have a $12.00 price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Global Hunter Securities initiated coverage on shares of Africa Oil in a research note to investors on Thursday, January 10th. They set a ?buy? rating and a $8.50 price target on the stock. Analysts at Canaccord Genuity downgraded shares of Africa Oil from a ?speculative buy? rating to a ?hold? rating in a research note to investors on Thursday, January 3rd. They now have a $8.00 price target on the stock, down previously from $13.50.
Africa Oil Corp. (AOC) is a Canada-based international oil and gas exploration and development company.
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