Analyst Price Target is GBX 125
▲ +388.28% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Eco (Atlantic) Oil & Gas in the last 3 months. The average price target is GBX 125, with a high forecast of GBX 0 and a low forecast of GBX 0. The average price target represents a 388.28% upside from the last price of GBX 25.60.
Current Consensus is
The current consensus among 1 contributing investment analysts is to buy stock in Eco (Atlantic) Oil & Gas. This Buy consensus rating has held steady for over two years.
Eco (Atlantic) Oil & Gas Ltd., a development stage company, engages in the identification, acquisition, exploration, and development of petroleum, natural gas, and shale gas properties in the Republic of Namibia and Co-Operative Republic of Guyana. It operates through two segments, Oil and Gas Exploration, and Renewable Energy. The company holds an 15% working interest in the Orinduik block comprising 1,800 km2 located in the Suriname Guyana basin; and interests in the Canje Block covering an area of 4,800 km2 located in Guyana. It also holds a 54.3% working interest in the Cooper Block, which covers approximately 5,788 km2; a 56.7% working interest in the Sharon Block that covers approximately 5,700 km2; a 47.2% working interest in the Guy License covering approximately 11,457 km2; and an 85% working interest in the Tamar Block that covers approximately 5,648 km2 located in the Walvis Basin offshore, Namibia. In addition, the company engages in the development of solar projects. Eco (Atlantic) Oil & Gas Ltd. is headquartered in Toronto, Canada.