EnQuest Given “Overweight” Rating at JPMorgan Chase & Co. (ENQ)
EnQuest (LON:ENQ)‘s stock had its “overweight” rating reiterated by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday, ARN reports.
Shares of EnQuest (LON:ENQ) traded up 0.74% during mid-day trading on Thursday, hitting GBX 136.10. The stock had a trading volume of 862,103 shares. EnQuest has a 1-year low of GBX 116.70 and a 1-year high of GBX 145.68. The stock’s 50-day moving average is GBX 135.6 and its 200-day moving average is GBX 130.. The company’s market cap is £1.062 billion.
ENQ has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity cut their price target on shares of EnQuest from GBX 175 ($2.88) to GBX 165 ($2.72) in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of EnQuest in a research note to investors on Friday, January 10th. They now have a GBX 188 ($3.10) price target on the stock. Finally, analysts at Westhouse Securities reiterated a “neutral” rating on shares of EnQuest in a research note to investors on Monday, January 6th. They now have a GBX 138 ($2.27) price target on the stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 161.63 ($2.66).
EnQuest PLC is an independent oil and gas development and production with its focus on the United Kingdom Continental Shelf (LON:ENQ).
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