John Winterman Purchases 20,000 Shares of Enquest Plc (ENQ) Stock
Enquest Plc (LON:ENQ) insider John Winterman purchased 20,000 shares of the stock in a transaction on Friday, September 21st. The stock was acquired at an average cost of GBX 38 ($0.49) per share, for a total transaction of £7,600 ($9,899.70).
Shares of LON:ENQ traded up GBX 1.75 ($0.02) on Monday, hitting GBX 39.45 ($0.51). The stock had a trading volume of 5,710,574 shares, compared to its average volume of 8,310,000. Enquest Plc has a twelve month low of GBX 22.50 ($0.29) and a twelve month high of GBX 47.25 ($0.62).
ENQ has been the topic of several analyst reports. Royal Bank of Canada raised shares of Enquest to an “outperform” rating and set a GBX 53 ($0.69) price target on the stock in a report on Friday, September 7th. Barclays raised shares of Enquest to an “overweight” rating and boosted their price target for the company from GBX 24 ($0.31) to GBX 58 ($0.76) in a report on Thursday, July 5th. Jefferies Financial Group boosted their price target on shares of Enquest from GBX 27 ($0.35) to GBX 35 ($0.46) and gave the company a “hold” rating in a report on Tuesday, June 12th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Enquest from GBX 41 ($0.53) to GBX 44 ($0.57) and gave the company a “neutral” rating in a research note on Thursday, July 12th. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Enquest currently has an average rating of “Hold” and a consensus price target of GBX 41.40 ($0.54).
EnQuest PLC, an oil and gas development and production company, together with its subsidiaries, explores for, extracts, and produces hydrocarbons in the United Kingdom Continental Shelf and Malaysia. The company operates through North Sea and Malaysia segments. It primarily holds interests in the Thistle/Deveron, Heather/Broom, the Dons area, Magnus, the Greater Kittiwake Area, Scolty/Crathes, and Alma/Galia; and in the Kraken development, and a non-operated interest in the Alba producing oil field, as well as the PM8/Seligi production sharing contract and the Tanjong Baram risk services contract in Malaysia.
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