Gulf Keystone Rating Reiterated by Seymour Pierce (GKP)
Gulf Keystone (LON:GKP)‘s stock had its “buy” rating restated by investment analysts at Seymour Pierce in a note issued to investors on Thursday, AR Network reports. They currently have a GBX 235 ($3.85) target price on the stock. Seymour Pierce’s price target would suggest a potential upside of 32.39% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Gulf Keystone in a research note to investors on Thursday. They now have a GBX 160 ($2.62) price target on the stock. Separately, analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of Gulf Keystone in a research note to investors on Thursday. They now have a GBX 235 ($3.85) price target on the stock. Finally, 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. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Gulf Keystone has an average rating of “Buy” and a consensus price target of GBX 230.60 ($3.78).
Gulf Keystone (LON:GKP) traded up 0.56% on Thursday, hitting GBX 178.50. The stock had a trading volume of 3,399,204 shares. Gulf Keystone has a 52 week low of GBX 126.31 and a 52 week high of GBX 240.00. The stock’s 50-day moving average is GBX 170.4 and its 200-day moving average is GBX 174.8.
Gulf Keystone Petroleum Limited (LON:GKP) is a holding company.
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