Peel Hunt Reaffirms “Buy” Rating for SOCO International (LON:SIA)
SOCO International (LON:SIA)‘s stock had its “buy” rating reiterated by investment analysts at Peel Hunt in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports.
SIA has been the subject of a number of other research reports. Jefferies Financial Group restated a “hold” rating on shares of SOCO International in a report on Tuesday, April 9th. Numis Securities restated a “hold” rating on shares of SOCO International in a report on Thursday, May 16th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 113.20 ($1.48).
LON SIA opened at GBX 65.40 ($0.85) on Friday. SOCO International has a 52-week low of GBX 62 ($0.81) and a 52-week high of GBX 108.80 ($1.42). The company has a debt-to-equity ratio of 19.09, a current ratio of 9.41 and a quick ratio of 9.22. The stock has a market cap of $258.08 million and a P/E ratio of 8.07.
SOCO International Company Profile
SOCO International plc engages in the exploration, development, and production of oil and gas properties. It has exploration, development, and production interests in Vietnam; and exploration and appraisal interests in Congo (Brazzaville) and Angola. The company was founded in 1997 and is headquartered in London, the United Kingdom.
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