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Savannah Petroleum ( (GB:SAVE) ) just unveiled an update.
Savannah Energy PLC, a UK-based independent energy company focused on key energy infrastructure projects in Africa, operates with a strategic emphasis on delivering impactful projects that support regional development and energy access. The company has appointed Tennyson Securities as a joint broker alongside Cavendish Capital Markets Ltd, a move that is expected to broaden its capital markets support and potentially enhance investor outreach and liquidity in its shares, underscoring its ongoing efforts to strengthen market engagement and corporate advisory capabilities.
The most recent analyst rating on (GB:SAVE) stock is a Buy with a £10.00 price target. To see the full list of analyst forecasts on Savannah Petroleum stock, see the GB:SAVE Stock Forecast page.
Spark’s Take on GB:SAVE Stock
According to Spark, TipRanks’ AI Analyst, GB:SAVE is a Neutral.
The score is driven primarily by mixed financial quality: strong profitability and revenue growth are offset by high leverage and concerning cash flow conversion/free cash flow trends. Technicals are momentum-positive but look overbought (high RSI/Stoch), while valuation is a notable positive due to the very low P/E.
To see Spark’s full report on GB:SAVE stock, click here.
More about Savannah Petroleum
Savannah Energy PLC is a British independent energy company focused on developing and operating energy projects in Africa, with an emphasis on “Projects that Matter” aimed at supporting regional energy needs and infrastructure.
Average Trading Volume: 4,080,667
Technical Sentiment Signal: Sell
Current Market Cap: £153.8M
Learn more about SAVE stock on TipRanks’ Stock Analysis page.