Investor Outlook: President Energy Plc (LON:PPC) “Buy” Rating Reiterated at Peel Hunt Today

July 27, 2018 - By Mary Kidd

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Investors sentiment decreased to 0.89 in Q1 2018. Its down 0.25, from 1.14 in 2017Q4. It turned negative, as 40 investors sold President Energy Plc shares while 75 reduced holdings. 38 funds opened positions while 64 raised stakes. 58.07 million shares or 2.92% less from 59.81 million shares in 2017Q4 were reported.

Fca Tx invested 0.09% of its portfolio in President Energy Plc (LON:PPC). Old Mutual Glob (Uk) invested in 308,988 shares. Indexiq Llc invested in 0.2% or 247,562 shares. Highbridge Capital Mgmt Ltd Liability Corp owns 34,002 shares for 0.01% of their portfolio. Northwestern Mutual Wealth Mngmt stated it has 0% in President Energy Plc (LON:PPC). Convergence Investment Ptnrs Ltd Llc reported 793 shares. 14,000 were accumulated by Gfs Advsr Ltd Liability Co. Prelude Capital Lc accumulated 2,395 shares. Moreover, Jpmorgan Chase And Com has 0.01% invested in President Energy Plc (LON:PPC). Strategic Glob Advsrs Limited Company has 0.23% invested in President Energy Plc (LON:PPC) for 27,075 shares. Renaissance Techs Ltd Liability Corporation holds 0.01% or 446,813 shares. International Group has invested 0% of its portfolio in President Energy Plc (LON:PPC). Shell Asset Mgmt stated it has 0.01% of its portfolio in President Energy Plc (LON:PPC). Illinois-based First Advsrs L P has invested 0.04% in President Energy Plc (LON:PPC). Commonwealth Bank Of Australia reported 0.05% stake.

Since February 27, 2018, it had 0 buys, and 1 sale for $2.54 million activity.

President Energy Plc (LON:PPC) Rating Reaffirmed

This Morning, Peel Hunt maintained their “Buy” rating on President Energy Plc (LON:PPC) shares in analysts report issued to investors and clients.

President Energy Plc (LON:PPC) Ratings Coverage

Among 2 analysts covering President Energy Plc (LON:PPC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. President Energy Plc has GBX 18 highest and GBX 11 lowest target. GBX 14.25’s average target is 54.05% above currents GBX 9.25 stock price. President Energy Plc had 18 analyst reports since February 9, 2018 according to SRatingsIntel. The rating was maintained by FinnCap with “Corporate” on Monday, March 5. The stock of President Energy Plc (LON:PPC) earned “Buy” rating by Peel Hunt on Friday, July 13. Peel Hunt maintained the shares of PPC in report on Wednesday, June 6 with “Buy” rating. The stock has “Corporate” rating by FinnCap on Monday, June 18. As per Monday, May 21, the company rating was maintained by Peel Hunt. The stock of President Energy Plc (LON:PPC) has “Corporate” rating given on Friday, July 27 by FinnCap. The stock of President Energy Plc (LON:PPC) has “Buy” rating given on Monday, June 18 by Peel Hunt. Peel Hunt downgraded President Energy Plc (LON:PPC) on Friday, February 9 to “Add” rating. The rating was maintained by FinnCap on Monday, May 14 with “Corporate”. The stock has “Corporate” rating by FinnCap on Wednesday, June 6.

It closed at GBX 9.25 lastly. It is down 0.00% since July 27, 2017 and is . It has underperformed by 12.57% the S&P500.

Analysts await President Energy Plc (LON:PPC) to report earnings on August, 1 after the close. They expect $0.96 earnings per share, up 2.13 % or $0.02 from last year’s $0.94 per share. PPC’s profit will be $10.29M for 2.41 P/E if the $0.96 EPS becomes a reality. After $0.53 actual earnings per share reported by President Energy Plc for the previous quarter, Wall Street now forecasts 81.13 % EPS growth.

President Energy PLC engages in the exploration, evaluation, and production of gas and oil properties primarily in South America. The company has market cap of 99.15 million GBP. The firm holds interests in the Pirity and Hernandarias concessions in Paraguay; and the CNO-8 Puesto Guardian, and Matorras and Ocultar licenses in Argentina. It currently has negative earnings. It also holds interests in two producing gas and oil fields in Louisiana.

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