Gulf Keystone Petroleum Limited (GKP) Receives Speculative Buy Rating from Canaccord Genuity
Canaccord Genuity restated their speculative buy rating on shares of Gulf Keystone Petroleum Limited (LON:GKP) in a research report report published on Friday. Canaccord Genuity currently has a GBX 200 ($2.66) price target on the oil production company’s stock.
Separately, Peel Hunt upped their price objective on Gulf Keystone Petroleum Limited from GBX 230 ($3.06) to GBX 245 ($3.26) and gave the company a buy rating in a research note on Tuesday, September 19th.
Shares of Gulf Keystone Petroleum Limited (LON GKP) traded up 1.194% during trading on Friday, hitting GBX 95.375. The stock had a trading volume of 565,313 shares. The company’s 50 day moving average price is GBX 110.07 and its 200 day moving average price is GBX 107.54. The company’s market capitalization is GBX 218.63 million. Gulf Keystone Petroleum Limited has a 52 week low of GBX 86.25 and a 52 week high of GBX 158.37.
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About Gulf Keystone Petroleum Limited
Gulf Keystone Petroleum Limited (Gulf Keystone) is a holding company, which is engaged in the oil and gas exploration and production. The Company operates in the Kurdistan Region of Iraq. It operates through segments, including Kurdistan Region of Iraq and United Kingdom. The Kurdistan Region of Iraq segment consists of the Shaikan, Ber Bahr blocks and the Erbil office, which provides support to the operations in Kurdistan.
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