CVE:AFE - Africa Energy Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$0.46
  • Forecasted Upside: 87.76 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
C$0.25
▼ -0.005 (-2.00%)
1 month | 3 months | 12 months
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Analyst Price Target for AFE

Average Price Target: C$0.46
▲ +87.76% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Africa Energy in the last 3 months. The average price target is C$0.46, with a high forecast of C$0.46 and a low forecast of C$0.46. The average price target represents a 87.76% upside from the last price of C$0.25.

Hold

The current consensus among 1 polled investment analysts is to hold stock in Africa Energy.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/28/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/27/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/25/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/23/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/22/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/22/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/21/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/20/2021

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/6/2020Canaccord GenuityLower Price TargetC$0.47 ➝ C$0.46
7/8/2020Canaccord GenuityDowngradeSpeculative Buy ➝ HoldC$0.25 ➝ C$0.31
4/14/2020Canaccord GenuityLower Price TargetC$0.31 ➝ C$0.25
1/14/2020Canaccord GenuityBoost Price TargetC$0.35 ➝ C$0.36
3/23/2018Numis SecuritiesSet Price TargetBuyC$0.35
4/5/2017TD SecuritiesLower Price TargetSpeculative BuyC$0.35 ➝ C$0.30
12/9/2016TD SecuritiesBoost Price TargetSpeculative BuyC$0.35 ➝ C$0.40
11/21/2016TD SecuritiesReiterated RatingSpeculative BuyC$0.35
11/2/2016TD SecuritiesUpgradeHold ➝ Speculative BuyC$0.30 ➝ C$0.35
10/24/2016TD SecuritiesDowngradeSpeculative Buy ➝ HoldC$0.25 ➝ C$0.30
9/20/2016TD SecuritiesReiterated RatingSpeculative BuyC$0.25
(Data available from 6/20/2016 forward)
Africa Energy logo
Africa Energy Corp. operates as an oil and gas exploration and production company in South Africa and Namibia. It holds a 90% interest in the Exploration Right for Block 2B offshore that covers an area of 3,062 square kilometers located in the west coast of South Africa; 43.85% interest in the Petroleum Exploration License 37 covering an area of 17,295 square kilometers located in the northern Namibian offshore region; and 49% interest in the Exploration Right for Block 11B/12B covering an area of approximately 19,000 square kilometers located in the Outeniqua Basin off the southern coast of South Africa. The company was formerly known as Horn Petroleum Corporation and changed its name to Africa Energy Corp. in March 2015. Africa Energy Corp. was incorporated in 2010 and is headquartered in Vancouver, Canada.
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Today's Range

Now: C$0.25
Low: C$0.25
High: C$0.25

50 Day Range

MA: C$0.26
Low: C$0.24
High: C$0.30

52 Week Range

Now: C$0.25
Low: C$0.21
High: C$0.61

Volume

92,000 shs

Average Volume

38,531 shs

Market Capitalization

C$341.86 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Africa Energy?

The following sell-side analysts have issued research reports on Africa Energy in the last twelve months: Canaccord Genuity.
View the latest analyst ratings for AFE.

What is the current price target for Africa Energy?

1 Wall Street analysts have set twelve-month price targets for Africa Energy in the last year. Their average twelve-month price target is C$0.46, suggesting a possible upside of 87.8%. Canaccord Genuity has the highest price target set, predicting AFE will reach C$0.46 in the next twelve months. Canaccord Genuity has the lowest price target set, forecasting a price of C$0.46 for Africa Energy in the next year.
View the latest price targets for AFE.

What is the current consensus analyst rating for Africa Energy?

Africa Energy currently has 1 hold rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in AFE, but not buy more shares or sell existing shares.
View the latest ratings for AFE.

What other companies compete with Africa Energy?

How do I contact Africa Energy's investor relations team?

Africa Energy's physical mailing address is 885 Georgia St W Suite 2000, VANCOUVER, BC V6C 3E8, Canada. The company's listed phone number is +1-604-6897842. The official website for Africa Energy is www.africaenergycorp.com.