Genel Energy Given “Neutral” Rating at JPMorgan Chase & Co. (GENL)
Genel Energy (LON:GENL)‘s stock had its “neutral” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a report issued on Tuesday, Stock Ratings News reports.
Shares of Genel Energy (LON:GENL) traded up 1.52% during mid-day trading on Tuesday, hitting GBX 1002.0001. 1,207,257 shares of the company’s stock traded hands. Genel Energy has a 52 week low of GBX 715.00 and a 52 week high of GBX 1025.00. The stock has a 50-day moving average of GBX 955.9 and a 200-day moving average of GBX 896.7.
A number of other firms have also recently commented on GENL. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Genel Energy in a research note to investors on Monday. They now have a GBX 1,114 ($17.78) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. reiterated a “buy” rating on shares of Genel Energy in a research note to investors on Monday. They now have a GBX 1,480 ($23.63) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Genel Energy in a research note to investors on Wednesday, October 2nd. They now have a GBX 1,150 ($18.36) price target on the stock. Five investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 1,170.40 ($18.68).
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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