SOCO International plc (LON:SIA) insider Mike J. Watts purchased 9,536 shares of the firm’s stock in a transaction on Wednesday, September 26th. The stock was bought at an average cost of GBX 91 ($1.19) per share, for a total transaction of £8,677.76 ($11,303.58).

Shares of SOCO International stock opened at GBX 85.30 ($1.11) on Friday. SOCO International plc has a one year low of GBX 87.15 ($1.14) and a one year high of GBX 150 ($1.95).

A number of equities analysts have commented on the company. Peel Hunt reaffirmed an “add” rating on shares of SOCO International in a research note on Monday, September 17th. JPMorgan Chase & Co. decreased their price target on SOCO International from GBX 127 ($1.65) to GBX 126 ($1.64) and set a “neutral” rating on the stock in a research note on Thursday, July 12th. Liberum Capital reaffirmed an “add” rating and issued a GBX 140 ($1.82) price target on shares of SOCO International in a research note on Monday, July 2nd. Finally, Jefferies Financial Group lifted their price target on SOCO International from GBX 150 ($1.95) to GBX 154 ($2.01) and gave the stock a “buy” rating in a research note on Tuesday, June 12th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 140 ($1.82).

About SOCO International

SOCO International plc engages in the exploration and production of oil and gas properties. It has interests in oil and gas properties located in Vietnam, the Republic of Congo, and Angola. The company was founded in 1997 and is headquartered in London, the United Kingdom.

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