Analyst Price Target is $2.63
▲ +80.76% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Africa Oil in the last 3 months. The average price target is $2.63, with a high forecast of $2.75 and a low forecast of $2.50. The average price target represents a 80.76% upside from the last price of $1.45.
Current Consensus is
The current consensus among 3 investment analysts is to hold stock in Africa Oil. This rating has held steady since September 2021, when it changed from a Buy consensus rating.
Africa Oil Corp. is an oil and gas company, which engages in the exploration of oil and gas properties. It focuses on producing and development assets in deep-water offshore Nigeria, and development assets in Kenya. The firm's portfolio of exploration assets are located in Guyana, Kenya, Namibia, Nigeria, South Africa, and in the Senegal Guinea Bissau Joint Development Zone. The company was founded on March 29, 1983 and is headquartered in Vancouver, Canada.