Rockhopper Exploration (RKH) Receives Buy Rating from Peel Hunt
Peel Hunt reiterated their buy rating on shares of Rockhopper Exploration (LON:RKH) in a research report sent to investors on Friday. Peel Hunt currently has a GBX 70 ($0.93) price target on the stock, up from their previous price target of GBX 60 ($0.79).
Separately, Canaccord Genuity reissued a buy rating and set a GBX 75 ($0.99) target price on shares of Rockhopper Exploration in a research note on Wednesday, April 25th.
Shares of RKH opened at GBX 41.80 ($0.55) on Friday. Rockhopper Exploration has a 12-month low of GBX 17.75 ($0.23) and a 12-month high of GBX 28 ($0.37).
Rockhopper Exploration Plc operates as an oil and gas exploration and production company primarily in the United Kingdom. It engages in the exploration and exploitation of its oil and gas acreage primarily in the North Falkland Basin and the Greater Mediterranean region. The company holds 95.50% interests in the PL003a production licenses; 60.50% interests in PL003b production licenses; 64.00% interests in PL004a, PL004b, and PL004c production licenses; 100% interests in PL005 production licenses; and 40% interests in PL032 and PL033 production licenses.
Read More: Book Value Per Share in Stock Trading
Receive News & Ratings for Rockhopper Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rockhopper Exploration and related companies with MarketBeat.com's FREE daily email newsletter.