Gulf Keystone Stock Rating Reaffirmed by Westhouse Securities (GKP)
Gulf Keystone (LON:GKP)‘s stock had its “sell” rating restated by equities researchers at Westhouse Securities in a research report issued on Thursday, AnalystRatingsNetwork.com reports. They currently have a GBX 170 ($2.70) target price on the stock. Westhouse Securities’ price objective indicates a potential downside of 21.93% from the stock’s previous close.
Gulf Keystone (LON:GKP) opened at 208.50 on Thursday. Gulf Keystone has a one year low of GBX 126.31 and a one year high of GBX 246.40. The stock has a 50-day moving average of GBX 184.5 and a 200-day moving average of GBX 167.3.
Other equities research analysts have also recently issued reports about the stock. Analysts at HSBC downgraded shares of Gulf Keystone (LON:GKP) to an “underweight” rating in a research note to investors on Thursday, September 12th. They now have a GBX 185 ($2.94) price target on the stock. Separately, analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of Gulf Keystone (LON:GKP) in a research note to investors on Tuesday, September 3rd. They now have a GBX 235 ($3.73) price target on the stock. Finally, analysts at Goldman Sachs Group Inc. downgraded shares of Gulf Keystone (LON:GKP) from a “buy” rating to a “neutral” rating in a research note to investors on Friday, August 16th. They now have a GBX 265 ($4.21) price target on the stock.
Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. Gulf Keystone has an average rating of “Hold” and a consensus price target of GBX 240.63 ($3.82).
Gulf Keystone Petroleum Limited (LON:GKP) is a holding company.
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