Argan, Inc. (AGX) Reaches $61.25 After 4.00% Up Move; Last Week Ortac Resources Ltd (LON:OTC) Analysts

August 29, 2017 - By wolcottdaily

Among 2 analysts covering Ortac Resources Ltd (LON:OTC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ortac Resources Ltd had 11 analyst reports since August 25, 2015 according to SRatingsIntel. The stock of Ortac Resources Ltd (LON:OTC) has “Speculative Buy” rating given on Wednesday, March 9 by Beaufort Securities. Beaufort Securities maintained the stock with “Speculative Buy” rating in Friday, October 30 report. The rating was maintained by Beaufort Securities on Monday, January 4 with “Speculative Buy”. The stock of Ortac Resources Ltd (LON:OTC) has “Buy” rating given on Monday, June 19 by SP Angel. The rating was maintained by Beaufort Securities on Thursday, October 22 with “Speculative Buy”. The rating was maintained by Beaufort Securities on Tuesday, June 20 with “Speculative Buy”. The firm earned “Speculative Buy” rating on Tuesday, March 1 by Beaufort Securities. Beaufort Securities maintained the shares of OTC in report on Tuesday, August 25 with “Speculative Buy” rating. Beaufort Securities maintained the shares of OTC in report on Friday, April 21 with “Speculative Buy” rating. Beaufort Securities maintained Ortac Resources Ltd (LON:OTC) on Friday, February 19 with “Speculative Buy” rating. See Ortac Resources Ltd (LON:OTC) latest ratings:

20/06/2017 Broker: Beaufort Securities Rating: Speculative Buy Maintain
19/06/2017 Broker: SP Angel Rating: Buy Maintain
21/04/2017 Broker: Beaufort Securities Rating: Speculative Buy Maintain

The stock of Argan, Inc. (NYSE:AGX) is a huge mover today! About 56,122 shares traded. Argan, Inc. (NYSE:AGX) has risen 101.20% since August 29, 2016 and is uptrending. It has outperformed by 84.50% the S&P500.The move comes after 9 months positive chart setup for the $950.58M company. It was reported on Aug, 29 by Barchart.com. We have $63.70 PT which if reached, will make NYSE:AGX worth $38.02 million more.

Among 3 analysts covering Argan (NYSE:AGX), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Argan has $56 highest and $45 lowest target. $50.50’s average target is -17.55% below currents $61.25 stock price. Argan had 3 analyst reports since October 16, 2015 according to SRatingsIntel. The firm has “Mkt Perform” rating by Avondale given on Thursday, December 8. The firm has “Not Rated” rating by Wm Smith given on Friday, October 16. The firm has “Buy” rating by Lake Street given on Thursday, June 9.

Argan, Inc. is a holding company. The Company conducts activities through its subsidiaries, Gemma Power Systems, LLC and affiliates , Atlantic Projects Company Limited (APC), Southern Maryland Cable, Inc. (SMC) and The Roberts Company (Roberts). The company has market cap of $950.58 million. Through GPS and APC, the Company’s power industry services segment provides engineering, procurement, construction, commissioning, activities management, maintenance, development, technical and consulting services to the power generation and renewable energy markets. It has a 12.19 P/E ratio. Through SMC, the telecommunications infrastructure services segment of the Company provides project management, construction, installation and maintenance services to commercial, local government and federal government customers.

Ortac Resources Limited is an exploration and development firm focused on natural resource projects. The company has market cap of 3.49 million GBP. The Firm is engaged in the identification, evaluation, acquisition and development of natural resource projects. It currently has negative earnings. The Company’s divisions include the United Kingdom/British Virgin Islands , Slovakia, Eritrea, Zambia and Democratic Republic of the Congo (DRC).

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