Peel Hunt Lowers SDX Energy (OTC:SDXEF) to Hold

SDX Energy (OTC:SDXEFGet Rating) was downgraded by stock analysts at Peel Hunt to a “hold” rating in a research note issued on Wednesday, TipRanks reports. They presently have a $10.00 price objective on the stock.

SDXEF remained flat at $0.08 during midday trading on Wednesday. SDX Energy has a 52-week low of 0.02 and a 52-week high of 0.22.

About SDX Energy (Get Rating)

SDX Energy plc engages in the exploration, development, and production of oil and gas in the Arab Republic of Egypt and the Kingdom of Morocco. The company has 50% working interest in Meseda and Rabul fields in the West Gharib, Egypt; 55% interest in the South Disouq concession located in the Nile Delta region, Egypt; and 75% working interest in four exploration permits consisting of Sebou Central, Gharb Occidental, Lalla Mimouna Nord, and Moulay Bouchta Ouest concessions situated in the Gharb Basin, Morocco.

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