Genel Energy Rating Reiterated by UBS AG (GENL)
Genel Energy (LON:GENL)‘s stock had its “buy” rating restated by equities researchers at UBS AG in a research report issued on Thursday, AnalystRatings.Net reports. They currently have a GBX 1,035 ($16.43) price objective on the stock. UBS AG’s price objective would suggest a potential upside of 10.58% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. 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. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Genel Energy (LON:GENL) in a research note to investors on Wednesday, September 4th. 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 analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Genel Energy currently has an average rating of “Buy” and a consensus price target of GBX 1,150 ($18.26).
Genel Energy (LON:GENL) opened at 948.00 on Thursday. Genel Energy has a 1-year low of GBX 715.00 and a 1-year high of GBX 1026.3199. The stock’s 50-day moving average is GBX 955.9 and its 200-day moving average is GBX 896.7.
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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