Salamander Energy Rating Reiterated by Jefferies Group (SMDR)
Salamander Energy (LON:SMDR)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Group in a research report issued to clients and investors on Monday, Stock Ratings Network reports. They currently have a GBX 280 ($4.52) target price on the stock. Jefferies Group’s price target would suggest a potential upside of 115.38% from the stock’s previous close.
SMDR has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Salamander Energy (LON:SMDR) in a research note to investors on Thursday, September 19th. They now have a GBX 150 ($2.42) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Salamander Energy (LON:SMDR) in a research note to investors on Wednesday, September 18th. They now have a GBX 232 ($3.74) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Salamander Energy (LON:SMDR) in a research note to investors on Friday, September 13th. They now have a GBX 250 ($4.03) price target on the stock. Three equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 240.89 ($3.89).
Shares of Salamander Energy (LON:SMDR) opened at 113.50 on Monday. Salamander Energy has a one year low of GBX 116.40 and a one year high of GBX 224.071. The stock has a 50-day moving average of GBX 123.6 and a 200-day moving average of GBX 162.4. The company’s market cap is £293.1 million.
Salamander Energy PLC is a holding company. The Company is engaged in oil and gas exploration, development and production, which focuses on building a portfolio of assets in Asia.
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