ADX Energy tipped for re-rating as Austrian gas potential grows
ADX Energy could be on the cusp of a significant re-rating according to Auctus Advisors, with its HOCH-1 gas opportunity in Austria potentially larger than anticipated.
The broker assigned ADX Energy (ASX:ADX) a target price of 16c per share in a research note released this week.
This equates to 700% upside from the company’s 2c share price at the time of publication.
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