Serica Energy (LON:SQZ) had its price target increased by Peel Hunt from GBX 159 ($2.08) to GBX 183 ($2.39) in a research report report published on Thursday, ThisIsMoney.Co.Uk reports. Peel Hunt currently has a buy rating on the stock.

Shares of SQZ stock opened at GBX 106 ($1.39) on Thursday. Serica Energy has a 1 year low of GBX 72.40 ($0.95) and a 1 year high of GBX 146 ($1.91). The stock has a fifty day moving average price of GBX 118.94. The stock has a market cap of $281.05 million and a price-to-earnings ratio of 3.93. The company has a debt-to-equity ratio of 11.39, a current ratio of 0.77 and a quick ratio of 0.73.

Serica Energy Company Profile

Serica Energy plc engages in the identification, acquisition, exploration, and exploitation of oil and gas reserves. The company holds exploration, development, and production assets in the United Kingdom, as well as exploration interests in the Atlantic margins offshore Ireland and Namibia; and an 18% non-operated interest in the Erskine field in the Central North Sea.

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