Peel Hunt restated their buy rating on shares of Serica Energy (LON:SQZ) in a report issued on Friday morning. The brokerage currently has a GBX 105 ($1.41) target price on the stock.

Shares of Serica Energy (LON:SQZ) traded up GBX 1.25 ($0.02) during trading hours on Friday, hitting GBX 74 ($1.00). 828,458 shares of the stock were exchanged, compared to its average volume of 1,080,000. Serica Energy has a 1 year low of GBX 14 ($0.19) and a 1 year high of GBX 77 ($1.04).

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Serica Energy Company Profile

Serica Energy plc is a United Kingdom-based oil and gas company. The Company has exploration and development activities based in the United Kingdom, Ireland, Namibia and Morocco, and an economic interest in an oilfield offshore Norway. The Company’s segments include UK, Ireland and Africa. It holds licenses in the Central North Sea and the East Irish Sea, which includes the Columbus Field.

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