A Wall Street analyst has provided a review for the Materials company on December 13, but retained the same rating on the stock. Analyst Stephane Foucaud from GMP FirstEnergy rated Africa Oil (AOI) a Buy on December 13, setting a C$2.20 price target.
According to TipRanks.com, Foucaud is ranked #4536 out of 5105 analysts.
Currently, the analyst consensus on Africa Oil is a Moderate Buy with an average price target of C$2.28.
The company has a one-year high of C$1.79 and a one-year low of C$1.07. Currently, Africa Oil has an average volume of 106.5K.
Africa Oil Corp. engages in the exploration of oil and gas properties. Its project portfolio includes the operation of East African Rift Basin system. It operates through the following geographical segments: Kenya, Ethiopia, and Corporate. The company was founded on March 29, 1983 and is headquartered in Vancouver, Canada.
The company’s shares closed on Friday at C$1.10, close to its 52-week low of C$1.07.
