Genel Energy Given “Neutral” Rating at JPMorgan Chase & Co. (GENL)
Genel Energy (LON:GENL)‘s stock had its “neutral” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a report released on Thursday, Stock Ratings Network reports.
Shares of Genel Energy (LON:GENL) opened at 948.00 on Thursday. Genel Energy has a 52-week low of GBX 715.00 and a 52-week high of GBX 1026.3199. The stock has a 50-day moving average of GBX 955.9 and a 200-day moving average of GBX 896.7.
A number of other firms have also recently commented on GENL. Analysts at UBS AG reiterated a “buy” rating on shares of Genel Energy (LON:GENL) in a research note to investors on Thursday. They now have a GBX 1,035 ($16.43) price target on the stock. Separately, analysts at Canaccord Genuity initiated coverage on shares of Genel Energy (LON:GENL) in a research note to investors on Monday. They set a “hold” rating and a GBX 1,114 ($17.69) price target on the stock. Finally, analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of Genel Energy (LON:GENL) in a research note to investors on Wednesday, September 4th.
Five research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of GBX 1,150 ($18.26).
Genel Energy plc, formerly Vallares PLC, is an exploration and production company. It is an independent oil producer in the Kurdistan Region of Iraq.
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