Kentz Co. Limited Price Target Raised to GBX 775 at Investec (KENZ)
Equities research analysts at Investec upped their price objective on shares of Kentz Co. Limited (LON:KENZ) from GBX 600 ($9.85) to GBX 775 ($12.72) in a research note issued to investors on Wednesday, American Banking News.com reports. The firm currently has a “buy” rating on the stock. Investec’s target price would indicate a potential upside of 16.72% from the stock’s previous close.
Kentz Co. Limited (LON:KENZ) opened at 665.50 on Wednesday. Kentz Co. Limited has a one year low of GBX 354.99 and a one year high of GBX 691.00. The stock’s 50-day moving average is GBX 0. and its 200-day moving average is GBX 0.. The company’s market cap is £784.0 million.
A number of other analysts have also recently weighed in on KENZ. Analysts at UBS AG reiterated a “buy” rating on shares of Kentz Co. Limited in a research note to investors on Friday, January 17th. They now have a GBX 730 ($11.98) price target on the stock. Separately, analysts at HSBC raised their price target on shares of Kentz Co. Limited from GBX 615 ($10.10) to GBX 775 ($12.72) in a research note to investors on Thursday, January 16th. They now have an “overweight” rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Kentz Co. Limited from GBX 600 ($9.85) to GBX 700 ($11.49) in a research note to investors on Tuesday, December 17th. They now have a “buy” rating on the stock. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of GBX 715.33 ($11.74).
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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