EnQuest Given Underweight Rating at Barclays (ENQ)
EnQuest (LON:ENQ)‘s stock had its “underweight” rating reiterated by investment analysts at Barclays in a note issued to investors on Tuesday, Analyst RN reports. They currently have a GBX 155 ($2.55) target price on the stock. Barclays’ price target suggests a potential upside of 18.23% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of EnQuest in a research note to investors on Monday. They now have a GBX 188 ($3.09) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of EnQuest in a research note to investors on Monday, January 27th. They now have a GBX 188 ($3.09) price target on the stock. Finally, analysts at Morgan Stanley cut their price target on shares of EnQuest from GBX 135 ($2.22) to GBX 125 ($2.05) in a research note to investors on Friday, January 24th. They now have an “underweight” rating on the stock. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company. EnQuest has an average rating of “Hold” and a consensus target price of GBX 160.58 ($2.64).
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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