RE:Movement !!!! Research analysts at Beaufort Securities initiated coverage on shares of Zenith Energy Ltd. Com (LON:ZEN) in a research note issued on Thursday. The firm set a “speculative buy” rating and a GBX 31 ($0.39) price target on the stock. Beaufort Securities’ price target would indicate a potential upside of 217.95% from the company’s current price.
Zenith Energy Ltd. Com (LON:ZEN) traded up 0.51% during trading on Thursday, reaching GBX 9.80. 3,997,601 shares of the company’s stock traded hands. The company’s market cap is GBX 9.66 billion. The company has a 50 day moving average price of GBX 69.15 and a 200-day moving average price of GBX 63.69. Zenith Energy Ltd. Com has a 12-month low of GBX 7.00 and a 12-month high of GBX 12.11.
In related news, insider Andrea Cattaneo purchased 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 11th. The shares were purchased at an average cost of GBX 8 ($0.10) per share, with a total value of £8,000 ($9,983.78).