Gulf Keystone Price Target Raised to GBX 216 at Canaccord Genuity (GKP)
Analysts at Canaccord Genuity raised their target price on shares of Gulf Keystone (LON:GKP) from GBX 210 ($3.36) to GBX 216 ($3.46) in a research report issued to clients and investors on Monday, AnalystRatingsNetwork reports. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s price objective would indicate a potential upside of 3.23% from the company’s current price.
GKP has been the subject of a number of other recent research reports. Analysts at Westhouse Securities reiterated a “sell” rating on shares of Gulf Keystone (LON:GKP) in a research note to investors on Thursday. They now have a GBX 170 ($2.72) price target on the stock. Separately, 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 ($2.96) price target on the stock. Finally, 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 ($3.76) price target on the stock.
Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 237.89 ($3.81).
Gulf Keystone (LON:GKP) opened at 207.00 on Monday. Gulf Keystone has a 1-year low of GBX 126.31 and a 1-year high of GBX 246.40. The stock has a 50-day moving average of GBX 186.4 and a 200-day moving average of GBX 167.8.
Gulf Keystone Petroleum Limited (LON:GKP) is a holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.