Genel Energy PLC (GENL) Receives Average Recommendation of “Hold” from Analysts
Genel Energy PLC (LON:GENL) has been given a consensus recommendation of “Hold” by the fourteen brokerages that are presently covering the firm. Three investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is GBX 109.84 ($1.37).
Several research analysts have issued reports on GENL shares. Jefferies Group LLC upgraded Genel Energy PLC to a “hold” rating and set a GBX 78 ($0.97) price target on the stock in a report on Friday, November 18th. Canaccord Genuity lowered Genel Energy PLC to a “hold” rating and cut their price target for the stock from GBX 140 ($1.75) to GBX 75 ($0.94) in a report on Tuesday, January 31st. Barclays PLC reiterated an “equal weight” rating and issued a GBX 130 ($1.62) price target on shares of Genel Energy PLC in a report on Tuesday, January 3rd. Numis Securities Ltd cut their price target on Genel Energy PLC from GBX 180 ($2.25) to GBX 175 ($2.19) and set a “buy” rating on the stock in a report on Friday, December 23rd. Finally, Macquarie lowered Genel Energy PLC to an “underperform” rating and cut their price target for the stock from GBX 124 ($1.55) to GBX 41 ($0.51) in a report on Friday, February 3rd.
Genel Energy PLC (LON:GENL) opened at 76.25 on Friday. The company’s 50 day moving average price is GBX 77.43 and its 200-day moving average price is GBX 85.54. Genel Energy PLC has a 12-month low of GBX 65.35 and a 12-month high of GBX 178.10. The firm’s market capitalization is GBX 212.27 million.
“Genel Energy PLC (GENL) Receives Average Recommendation of “Hold” from Analysts” was first posted by Watch List News and is the sole property of of Watch List News. If you are reading this story on another domain, it was illegally copied and reposted in violation of United States & international trademark & copyright laws. The correct version of this story can be accessed at http://www.watchlistnews.com/genel-energy-plc-genl-receives-average-recommendation-of-hold-from-analysts/1121904.html.
About Genel Energy PLC
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 & 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 companies with Analyst Ratings Network's FREE daily email newsletter.