BNP Paribas Reiterates “Neutral” Rating for Soco International (SIA)
Soco International (LON:SIA)‘s stock had its “neutral” rating reiterated by analysts at BNP Paribas in a research report issued to clients and investors on Thursday, AnalystRatingsNetwork.com reports. They currently have a GBX 425 ($6.86) price objective on the stock. BNP Paribas’ price objective would indicate a potential upside of 2.26% from the stock’s previous close.
A number of other analysts have also recently weighed in on SIA. Analysts at RBC Capital reiterated an “outperform” rating on shares of Soco International (LON:SIA) in a research note to investors on Thursday. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Soco International (LON:SIA) in a research note to investors on Thursday. They now have a GBX 413 ($6.66) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Soco International (LON:SIA) in a research note to investors on Wednesday. They now have a GBX 478 ($7.71) price target on the stock. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 416.68 ($6.72).
Soco International (LON:SIA) traded up 0.31% on Thursday, hitting GBX 416.90. The stock had a trading volume of 509,646 shares. Soco International has a one year low of GBX 315.00 and a one year high of GBX 437.40. The stock has a 50-day moving average of GBX 390.0 and a 200-day moving average of GBX 380.2. The company’s market cap is £1.368 billion.
SOCO International plc is an international oil and gas exploration and production company. The Company has oil and gas interests in Vietnam, which includes Block 9-2 and Block 16-1; Republic of Congo (LON:SIA), which includes Marine XI Block and Marine XIV Block, the Democratic Republic of Congo (Kinshasa), consists of Nganzi block and Block V and Angola, which include Cabinda Onshore North Block.
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