Peel Hunt reiterated their buy rating on shares of Sterling Energy plc (LON:SEY) in a research note published on Monday morning. Peel Hunt currently has a GBX 21 ($0.28) target price on the oil and gas exploration company’s stock.

Shares of Sterling Energy plc (LON:SEY) opened at 14.625 on Monday. The stock has a 50 day moving average price of GBX 14.66 and a 200 day moving average price of GBX 15.12. Sterling Energy plc has a 1-year low of GBX 13.75 and a 1-year high of GBX 18.50. The firm’s market capitalization is GBX 32.19 million.

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Sterling Energy plc Company Profile

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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