Sterling Energy plc (SEY) Rating Reiterated by Peel Hunt
Sterling Energy plc (LON:SEY)‘s stock had its “buy” rating reaffirmed by analysts at Peel Hunt in a research report issued on Monday. They presently have a GBX 20 ($0.25) target price on the oil and gas exploration company’s stock. Peel Hunt’s price target would suggest a potential upside of 21.21% from the company’s previous close.
Shares of Sterling Energy plc (LON:SEY) opened at 16.50 on Monday. The stock’s market cap is GBX 36.33 million. Sterling Energy plc has a 1-year low of GBX 12.25 and a 1-year high of GBX 18.50. The stock’s 50 day moving average price is GBX 17.09 and its 200-day moving average price is GBX 16.11.
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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