HSBC Increases Kentz Co. Limited Price Target to GBX 775 (KENZ)
HSBC boosted their price objective on shares of Kentz Co. Limited (LON:KENZ) from GBX 615 ($10.14) to GBX 775 ($12.77) in a research note issued on Thursday, AR Network reports. The firm currently has an “overweight” rating on the stock. HSBC’s price objective points to a potential upside of 13.89% from the stock’s previous close.
Kentz Co. Limited (LON:KENZ) traded up 0.07% on Thursday, hitting GBX 680.50. The stock had a trading volume of 257,104 shares. Kentz Co. Limited has a 1-year low of GBX 354.99 and a 1-year high of GBX 688.00. The stock has a 50-day moving average of GBX 630.1 and a 200-day moving average of GBX 530.. The company’s market cap is £801.7 million.
A number of other analysts have also recently weighed in on KENZ. Analysts at Canaccord Genuity raised their price target on shares of Kentz Co. Limited from GBX 600 ($9.89) to GBX 700 ($11.54) in a research note to investors on Tuesday, December 17th. They now have a “buy” rating on the stock. Separately, analysts at Liberum Capital downgraded shares of Kentz Co. Limited to a “hold” rating in a research note to investors on Wednesday, December 11th. They now have a GBX 712 ($11.73) price target on the stock, up previously from GBX 650 ($10.71). Finally, analysts at UBS AG raised their price target on shares of Kentz Co. Limited from GBX 600 ($9.89) to GBX 730 ($12.03) in a research note to investors on Tuesday, December 10th. They now have a “buy” rating on the stock. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Kentz Co. Limited presently has a consensus rating of “Buy” and a consensus target price of GBX 686.17 ($11.31).
Kentz Corporation Limited is the holding company for the Kentz Group. The Company, along with its subsidiaries, is engaged in the provision of engineering and construction services, principally in the oil services sector.
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