Peel Hunt restated their buy rating on shares of Sterling Energy plc (LON:SEY) in a research note released on Tuesday morning. The brokerage currently has a GBX 20 ($0.26) price objective on the oil and gas exploration company’s stock.

Shares of Sterling Energy plc (LON:SEY) traded down 0.714% during trading on Tuesday, hitting GBX 17.375. The stock had a trading volume of 4,486 shares. The stock’s 50 day moving average price is GBX 15.91 and its 200-day moving average price is GBX 15.79. Sterling Energy plc has a one year low of GBX 12.25 and a one year high of GBX 18.05. The stock’s market cap is GBX 38.25 million.

About Sterling Energy plc

Sterling Energy plc is an upstream oil and gas company, which is focused primarily on material exploration opportunities in Africa. The Company is engaged in the exploration, development and production of commercial oil and gas. The Company operates in the Africa segment. The Africa segment includes its exploration and development activities.

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