Sterling Energy plc (LON:SEY) had its price objective cut by Peel Hunt from GBX 20 ($0.25) to GBX 19 ($0.24) in a research report report published on Sunday morning. They currently have a buy rating on the oil and gas exploration company’s stock.

Shares of Sterling Energy plc (LON:SEY) opened at 16.25 on Friday. The company has a 50 day moving average of GBX 17.06 and a 200-day moving average of GBX 16.14. Sterling Energy plc has a 12-month low of GBX 12.25 and a 12-month high of GBX 18.50. The company’s market capitalization is GBX 35.78 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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