Genel Energy PLC (GENL) Rating Reiterated by Jefferies Group LLC
Genel Energy PLC (LON:GENL)‘s stock had its “hold” rating reaffirmed by analysts at Jefferies Group LLC in a research report issued to clients and investors on Wednesday. They currently have a GBX 145 ($1.92) target price on the stock. Jefferies Group LLC’s target price would indicate a potential upside of 10.06% from the stock’s previous close.
GENL has been the subject of a number of other reports. Numis Securities Ltd reissued a “buy” rating and issued a GBX 135 ($1.79) target price on shares of Genel Energy PLC in a report on Monday, September 11th. Barclays PLC increased their target price on Genel Energy PLC from GBX 90 ($1.19) to GBX 155 ($2.06) and gave the stock an “underweight” rating in a report on Thursday, September 14th. Deutsche Bank AG increased their target price on Genel Energy PLC from GBX 67 ($0.89) to GBX 72 ($0.96) and gave the stock a “sell” rating in a report on Wednesday, August 2nd. GMP Securities reissued a “speculative buy” rating on shares of Genel Energy PLC in a report on Monday, June 12th. Finally, Canaccord Genuity reissued a “hold” rating and issued a GBX 95 ($1.26) target price on shares of Genel Energy PLC in a report on Tuesday, June 6th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of GBX 101.69 ($1.35).
Genel Energy PLC (LON:GENL) opened at 128.75 on Wednesday. Genel Energy PLC has a 52 week low of GBX 54.50 and a 52 week high of GBX 166.50. The company’s 50-day moving average price is GBX 146.32 and its 200-day moving average price is GBX 103.54. The company’s market capitalization is GBX 358.43 million.
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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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