Serica Energy (SQZ) Rating Reiterated by Peel Hunt
Serica Energy (LON:SQZ)‘s stock had its “buy” rating reissued by equities research analysts at Peel Hunt in a research note issued to investors on Monday. They presently have a GBX 105 ($1.41) price target on the stock. Peel Hunt’s price objective suggests a potential upside of 76.84% from the company’s current price.
Serica Energy (LON SQZ) opened at GBX 59.38 ($0.80) on Monday. Serica Energy has a twelve month low of GBX 14 ($0.19) and a twelve month high of GBX 75 ($1.01).
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Serica Energy plc is a United Kingdom-based oil and gas company. The Company has exploration and development activities based in the United Kingdom, Ireland, Namibia and Morocco, and an economic interest in an oilfield offshore Norway. The Company’s segments include UK, Ireland and Africa. It holds licenses in the Central North Sea and the East Irish Sea, which includes the Columbus Field.
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