Enquest (ENQ) Receives Neutral Rating from JPMorgan Chase & Co.
JPMorgan Chase & Co. restated their neutral rating on shares of Enquest (LON:ENQ) in a research note released on Wednesday morning. JPMorgan Chase & Co. currently has a GBX 41 ($0.57) price target on the oil and gas development company’s stock.
Other equities research analysts also recently issued reports about the company. Jefferies Group raised their price target on Enquest from GBX 23 ($0.32) to GBX 27 ($0.37) and gave the stock a hold rating in a research note on Wednesday, December 20th. Whitman Howard reaffirmed a hold rating on shares of Enquest in a research note on Wednesday, January 24th. Finally, Barclays raised their price target on Enquest from GBX 23 ($0.32) to GBX 24 ($0.33) and gave the stock an underweight rating in a research note on Wednesday. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. Enquest presently has an average rating of Hold and an average target price of GBX 24.75 ($0.34).
Shares of ENQ stock opened at GBX 33.03 ($0.46) on Wednesday. Enquest has a one year low of GBX 22.50 ($0.31) and a one year high of GBX 47.25 ($0.65). The firm has a market capitalization of $354.64 and a PE ratio of 660.52.
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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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