Canaccord Genuity Sticks to Their Buy Rating for Vaalco Energy (EGY)
In a report released today, from Canaccord Genuity reiterated a Buy rating on Vaalco Energy, with a price target of p570.00.
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Currently, the analyst consensus on Vaalco Energy is a Moderate Buy with an average price target of p0.06.
Based on Vaalco Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $61.01 million and a net profit of $1.11 million. In comparison, last year the company earned a revenue of $140.33 million and had a net profit of $10.99 million
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