Rockhopper Exploration Plc (RKH) Receives GBX 69.83 Average PT from Analysts
Rockhopper Exploration Plc (LON:RKH) has been given an average recommendation of “Hold” by the six ratings firms that are presently covering the company. Four analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 70.60 ($0.88).
RKH has been the topic of several recent research reports. Liberum Capital reaffirmed a “buy” rating and issued a GBX 123 ($1.54) price objective on shares of Rockhopper Exploration Plc in a research note on Wednesday, August 17th. Peel Hunt initiated coverage on shares of Rockhopper Exploration Plc in a research note on Wednesday, November 2nd. They issued a “hold” rating and a GBX 30 ($0.37) price objective on the stock. Macquarie reaffirmed a “neutral” rating and issued a GBX 30 ($0.37) price objective on shares of Rockhopper Exploration Plc in a research note on Friday, September 9th. Finally, Canaccord Genuity reaffirmed a “speculative buy” rating and issued a GBX 80 ($1.00) price objective on shares of Rockhopper Exploration Plc in a research note on Wednesday, September 14th.
Shares of Rockhopper Exploration Plc (LON:RKH) opened at 24.00 on Wednesday. The firm’s market cap is GBX 105.26 million. Rockhopper Exploration Plc has a 52-week low of GBX 21.75 and a 52-week high of GBX 41.00. The stock has a 50 day moving average of GBX 26.36 and a 200 day moving average of GBX 31.30.
Rockhopper Exploration Plc Company Profile
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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