Serica Energy Plc (LON:SQZ) had its target price decreased by stock analysts at Peel Hunt from GBX 19 ($0.25) to GBX 18 ($0.23) in a note issued to investors on Friday. The firm currently has a “buy” rating on the stock. Peel Hunt’s target price indicates a potential upside of 27.43% from the company’s current price.
Shares of Serica Energy Plc (LON:SQZ) opened at 14.125 on Friday. Serica Energy Plc has a 52 week low of GBX 7.02 and a 52 week high of GBX 16.75. The company’s 50-day moving average price is GBX 14.98 and its 200 day moving average price is GBX 12.25. The firm’s market cap is GBX 37.24 million.
About Serica Energy Plc
Serica Energy plc is a United Kingdom-based oil and gas company. The Company has exploration and development activities based in the United Kingdom, Ireland, Namibia and Morocco, and an economic interest in an oilfield offshore Norway. The Company’s segments include UK, Ireland and Africa. It holds licenses in the Central North Sea and the East Irish Sea, which includes the Columbus Field.
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