Brokerages Set Genel Energy PLC (GENL) PT at $101.69
Genel Energy PLC (LON:GENL) has been given a consensus rating of “Hold” by the ten ratings firms that are presently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 94.47 ($1.22).
A number of equities analysts have commented on GENL shares. Deutsche Bank AG increased their target price on Genel Energy PLC from GBX 63 ($0.81) to GBX 68 ($0.88) and gave the company a “sell” rating in a report on Tuesday, May 16th. J P Morgan Chase & Co reduced their target price on Genel Energy PLC from GBX 247 ($3.19) to GBX 109 ($1.41) and set an “overweight” rating for the company in a report on Wednesday, May 17th. Jefferies Group LLC reduced their target price on Genel Energy PLC from GBX 58 ($0.75) to GBX 37 ($0.48) and set an “underperform” rating for the company in a report on Wednesday, May 17th. Canaccord Genuity raised Genel Energy PLC to a “speculative buy” rating and increased their target price for the company from GBX 60 ($0.77) to GBX 95 ($1.23) in a report on Friday, May 19th. Finally, GMP Securities reissued a “speculative buy” rating on shares of Genel Energy PLC in a report on Monday, June 12th.
Genel Energy PLC (LON GENL) traded up 0.16% during mid-day trading on Friday, reaching GBX 156.00. The company’s stock had a trading volume of 198,313 shares. The company’s market cap is GBX 434.30 million. Genel Energy PLC has a 12-month low of GBX 54.50 and a 12-month high of GBX 166.50. The firm’s 50 day moving average is GBX 132.18 and its 200-day moving average is GBX 95.68.
TRADEMARK VIOLATION WARNING: “Brokerages Set Genel Energy PLC (GENL) PT at $101.69” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this article on another site, it was copied illegally and republished in violation of U.S. and international trademark and copyright law. The correct version of this article can be viewed at https://www.thecerbatgem.com/2017/09/12/brokerages-set-genel-energy-plc-genl-pt-at-101-69.html.
Genel Energy PLC Company Profile
Genel Energy Plc is a holding company. The Company is engaged in the business of oil and gas exploration and production in the Kurdistan Region of Iraq (KRI). The Company’s segments include Kurdistan and Africa. The Company has interests in approximately two producing fields in the Kurdistan Region of Iraq, Taq Taq and Tawke, with access to local and international markets.
Receive News & Stock Ratings for Genel Energy PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genel Energy PLC and related stocks with our FREE daily email newsletter.