IGas Energy (LON:IGAS) Receives Buy Rating from Canaccord Genuity

Canaccord Genuity reiterated their buy rating on shares of IGas Energy (LON:IGAS) in a report issued on Friday, March 23rd. The firm currently has a GBX 200 ($2.86) price objective on the stock.

Shares of LON:IGAS traded down GBX 0.60 ($0.01) during mid-day trading on Friday, hitting GBX 84.40 ($1.21). The stock had a trading volume of 30,597 shares, compared to its average volume of 65,520. IGas Energy has a 12-month low of GBX 3.80 ($0.05) and a 12-month high of GBX 103.50 ($1.48).

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About IGas Energy

IGas Energy plc is a United Kingdom-based company engaged in producing oil and gas onshore. The Company is engaged in exploring for, appraising, developing and producing oil and gas. The Company operates through two segments: UK/Europe and Rest of the World. It is an onshore hydrocarbon producer, delivering natural gas and crude oil to the energy market.

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