Enquest Plc Rating Reiterated by Credit Suisse (ENQ)
Enquest Plc (LON:ENQ)‘s stock had its “outperform” rating reaffirmed by Credit Suisse in a research note issued on Tuesday, Analyst Ratings Net reports. They currently have a GBX 161 ($2.68) price objective on the stock. Credit Suisse’s target price points to a potential upside of 11.88% from the stock’s previous close.
Shares of Enquest Plc (LON:ENQ) opened at 142.00 on Tuesday. Enquest Plc has a one year low of GBX 116.70 and a one year high of GBX 145.68. The stock’s 50-day moving average is GBX 135.7 and its 200-day moving average is GBX 132.. The company’s market cap is £1.108 billion.
Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “underweight” rating on shares of Enquest Plc in a research note on Tuesday. They now have a GBX 155 ($2.58) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Enquest Plc in a research note on Wednesday, February 5th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 160.30 ($2.67).
EnQuest PLC (LON:ENQ) is an independent oil and gas development and production with its focus on the United Kingdom Continental Shelf (UKCS).
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