Enquest Plc (LON:ENQ)‘s stock had its “overweight” rating reissued by stock analysts at Barclays PLC in a note issued to investors on Tuesday. They currently have a GBX 40 ($0.50) target price on the oil and gas development company’s stock. Barclays PLC’s price target would suggest a potential upside of 41.59% from the stock’s current price.

Several other brokerages also recently issued reports on ENQ. Citigroup Inc. reduced their price objective on shares of Enquest Plc from GBX 42 ($0.52) to GBX 36 ($0.45) and set a “neutral” rating on the stock in a research note on Monday, September 12th. Macquarie upped their price objective on shares of Enquest Plc from GBX 54 ($0.67) to GBX 78 ($0.97) and gave the company an “outperform” rating in a research note on Friday, September 16th. Jefferies Group reissued a “hold” rating and set a GBX 31 ($0.39) price objective on shares of Enquest Plc in a research note on Wednesday, October 26th. Numis Securities Ltd reissued an “under review” rating on shares of Enquest Plc in a research note on Monday, July 25th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 50 ($0.62) price objective on shares of Enquest Plc in a research note on Friday, September 9th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company’s stock. Enquest Plc has a consensus rating of “Hold” and an average target price of GBX 37.46 ($0.47).

Analyst Recommendations for Enquest Plc (LON:ENQ)

Enquest Plc (LON:ENQ) opened at 27.85 on Tuesday. The firm has a 50-day moving average of GBX 27.59 and a 200 day moving average of GBX 29.12. The stock’s market cap is GBX 216.23 million. Enquest Plc has a 12 month low of GBX 10.50 and a 12 month high of GBX 42.10.

In other Enquest Plc news, insider Philip Nolan acquired 66,667 shares of the company’s stock in a transaction dated Monday, November 21st. The stock was bought at an average price of GBX 23 ($0.29) per share, with a total value of £15,333.41 ($19,157.18).

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Enquest Plc Company Profile

EnQuest PLC is a United Kingdom-based oil and gas development and production company. The Company’s principal activities are the exploration for, and extraction and production of, hydrocarbons in the United Kingdom Continental Shelf and Malaysia. The Company focuses on maturing assets and undeveloped oil fields.

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