Gulf Keystone Given “Buy” Rating at Cantor Fitzgerald (GKP)
Gulf Keystone (LON:GKP)‘s stock had its “buy” rating restated by investment analysts at Cantor Fitzgerald in a note issued to investors on Thursday, AnalystRatings.Net reports. They currently have a GBX 235 ($3.85) target price on the stock. Cantor Fitzgerald’s target price suggests a potential upside of 30.84% from the company’s current price.
A number of other analysts have also recently weighed in on GKP. Analysts at Canaccord Genuity cut their price target on shares of Gulf Keystone from GBX 216 ($3.54) to GBX 200 ($3.28) in a research note to investors on Thursday, December 12th. They now have a “hold” rating on the stock. Separately, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Gulf Keystone in a research note to investors on Monday, December 9th. They now have a GBX 160 ($2.62) price target on the stock. Finally, analysts at Westhouse Securities upgraded shares of Gulf Keystone to a “neutral” rating in a research note to investors on Tuesday, November 26th. They now have a GBX 160 ($2.62) price target on the stock, down previously from GBX 170 ($2.79). Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of GBX 230.60 ($3.78).
Gulf Keystone (LON:GKP) traded up 0.28% during mid-day trading on Thursday, hitting GBX 178.00. The stock had a trading volume of 3,575,990 shares. Gulf Keystone has a one year low of GBX 126.31 and a one year high of GBX 240.00. The stock has a 50-day moving average of GBX 169.1 and a 200-day moving average of GBX 173.8.
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.