Africa Oil (TSE:AOI) Stock Rating Upgraded by Barclays

Africa Oil (TSE:AOI) was upgraded by investment analysts at Barclays to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

Africa Oil Stock Performance

TSE:AOI opened at C$1.98 on Tuesday. Africa Oil has a 1 year low of C$1.71 and a 1 year high of C$2.65.

Africa Oil Company Profile

Africa Oil Corp is an international oil and gas exploration company. It is an exploration stage enterprise that participates in oil and gas projects located in emerging markets, in sub-Saharan Africa. The company operates in the business segment of international oil and gas exploration, and geographically, it operates in Kenya and Ethiopia.