Serica Energy’s (SQZ) “Buy” Rating Reaffirmed at Peel Hunt
Serica Energy (LON:SQZ)‘s stock had its “buy” rating reiterated by equities research analysts at Peel Hunt in a note issued to investors on Friday. They presently have a GBX 110 ($1.52) price objective on the stock. Peel Hunt’s price objective suggests a potential upside of 52.35% from the stock’s current price.
Shares of Serica Energy (LON:SQZ) opened at GBX 72.20 ($1.00) on Friday. Serica Energy has a 12 month low of GBX 20.25 ($0.28) and a 12 month high of GBX 93 ($1.28). The company has a market cap of $191.60 and a P/E ratio of 1,031.43.
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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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