Enquest Plc (ENQ) Receives Consensus Recommendation of “Hold” from Analysts
Shares of Enquest Plc (LON:ENQ) have been assigned an average rating of “Hold” from the six analysts that are presently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 27.25 ($0.37).
Several research analysts have recently commented on the stock. Barclays restated an “underweight” rating on shares of Enquest in a research note on Friday, December 1st. Jefferies Group dropped their price target on shares of Enquest from GBX 30 ($0.41) to GBX 23 ($0.31) and set a “hold” rating on the stock in a research note on Monday, September 25th. Finally, Macquarie reiterated an “underperform” rating and issued a GBX 7 ($0.09) target price on shares of Enquest in a research note on Tuesday, September 12th.
Shares of Enquest (LON ENQ) traded down GBX 0.10 ($0.00) on Monday, hitting GBX 36.70 ($0.50). 9,691,908 shares of the stock traded hands, compared to its average volume of 2,800,000. Enquest has a 52 week low of GBX 22.50 ($0.31) and a 52 week high of GBX 56 ($0.76). The firm has a market cap of $436.11 and a price-to-earnings ratio of 734.00.
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Enquest 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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