Genel Energy PLC (GENL) Receives GBX 137.35 Average Price Target from Analysts
Shares of Genel Energy PLC (LON:GENL) have earned a consensus rating of “Hold” from the thirteen research firms that are covering the stock. Two investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 137.35 ($1.67).
A number of brokerages have issued reports on GENL. Numis Securities Ltd reduced their price target on shares of Genel Energy PLC from GBX 180 ($2.19) to GBX 175 ($2.13) and set a “buy” rating on the stock in a report on Friday, December 23rd. Barclays PLC reduced their target price on shares of Genel Energy PLC from GBX 130 ($1.58) to GBX 100 ($1.22) and set an “equal weight” rating on the stock in a report on Monday, January 9th. Jefferies Group downgraded shares of Genel Energy PLC to an “underperform” rating and reduced their target price for the stock from GBX 78 ($0.95) to GBX 76 ($0.92) in a report on Monday, January 9th. Credit Suisse Group reduced their target price on shares of Genel Energy PLC from GBX 90 ($1.09) to GBX 85 ($1.03) and set a “neutral” rating on the stock in a report on Thursday, October 27th. Finally, Deutsche Bank AG reduced their target price on shares of Genel Energy PLC from GBX 91 ($1.11) to GBX 74 ($0.90) and set a “sell” rating on the stock in a report on Thursday, January 5th.
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Shares of Genel Energy PLC (LON:GENL) opened at 82.75 on Wednesday. Genel Energy PLC has a one year low of GBX 66.93 and a one year high of GBX 178.10. The company’s market cap is GBX 230.36 million. The firm’s 50-day moving average is GBX 76.70 and its 200-day moving average is GBX 95.00.
Genel Energy PLC Company Profile
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.
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