Other equities research analysts have also recently issued research reports about the stock. Canaccord Genuity reiterated a buy rating and set a GBX 195 ($2.55) price target on shares of Genel Energy PLC in a report on Monday, July 11th. Liberum Capital upgraded shares of Genel Energy PLC to a buy rating and increased their price target for the company from GBX 100 ($1.31) to GBX 179 ($2.34) in a report on Wednesday, June 29th. Numis Securities Ltd lowered their price objective on shares of Genel Energy PLC from GBX 220 ($2.87) to GBX 210 ($2.74) and set a buy rating on the stock in a research report on Monday, July 25th. Barclays PLC upgraded shares of Genel Energy PLC to an equal weight rating and set a GBX 130 ($1.70) price objective on the stock in a research report on Friday, July 29th. Finally, Goldman Sachs Group Inc. increased their price objective on shares of Genel Energy PLC from GBX 113.90 ($1.49) to GBX 141.80 ($1.85) and gave the company a neutral rating in a research report on Tuesday, June 28th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company’s stock. Genel Energy PLC presently has an average rating of Hold and an average target price of GBX 154.15 ($2.01).
Genel Energy PLC (LON:GENL) opened at 100.75 on Thursday. The stock’s 50 day moving average is GBX 97.91 and its 200-day moving average is GBX 110.78. Genel Energy PLC has a 52-week low of GBX 71.75 and a 52-week high of GBX 389.50. The stock’s market capitalization is GBX 280.47 million.
Genel Energy PLC Company Profile
Genel Energy Plc is a holding company. The Company is engaged in the business of oil and gas exploration and production in the Kurdistan Region of Iraq (KRI). The Company’s segments include Kurdistan and Africa. The Company has interests in approximately two producing fields in the Kurdistan Region of Iraq, Taq Taq and Tawke, with access to local and international markets.
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