Rockhopper Exploration Plc (RKH) Receives Consensus Recommendation of “Buy” from Analysts
Shares of Rockhopper Exploration Plc (LON:RKH) have earned an average rating of “Buy” from the six brokerages that are presently covering the firm. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 77.80 ($0.96).
RKH has been the subject of several research reports. Canaccord Genuity reissued a “speculative buy” rating and set a GBX 80 ($0.99) price objective on shares of Rockhopper Exploration Plc in a report on Wednesday, September 14th. Macquarie reissued a “neutral” rating and set a GBX 30 ($0.37) price objective on shares of Rockhopper Exploration Plc in a report on Friday, September 9th. Finally, Liberum Capital reissued a “buy” rating and set a GBX 123 ($1.52) price objective on shares of Rockhopper Exploration Plc in a report on Wednesday, September 14th.
Shares of Rockhopper Exploration Plc (LON:RKH) traded up 0.93% on Wednesday, reaching GBX 27.25. The company had a trading volume of 1,127,915 shares. The firm’s market capitalization is GBX 119.51 million. Rockhopper Exploration Plc has a 52 week low of GBX 24.00 and a 52 week high of GBX 43.73. The stock’s 50 day moving average is GBX 29.27 and its 200 day moving average is GBX 32.23.
About Rockhopper Exploration Plc
Rockhopper Exploration plc is an oil and gas exploration and production company. The Company is engaged in the exploration and exploitation of its oil and gas acreage. The Company operates through three segments, which include the oil and gas exploration activities in the geographical regions of the Falkland Islands, and the Greater Mediterranean region, as well as its corporate activities centered in the United Kingdom.
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