Credit Suisse Reiterates “Outperform” Rating for Genel Energy PLC (GENL)
Genel Energy PLC (LON:GENL)‘s stock had its “outperform” rating reiterated by research analysts at Credit Suisse in a report released on Monday, American Banking & Market News reports. They currently have a GBX 1,390 ($23.04) target price on the stock. Credit Suisse’s target price points to a potential upside of 41.99% from the stock’s previous close.
A number of other analysts have also recently weighed in on GENL. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Genel Energy PLC in a research note on Monday. They now have a GBX 1,400 ($23.21) price target on the stock. Separately, analysts at HSBC reiterated an “overweight” rating on shares of Genel Energy PLC in a research note on Tuesday, April 1st. They now have a GBX 1,274 ($21.12) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Genel Energy PLC in a research note on Tuesday, March 18th. Six equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 1,234.92 ($20.47).
Genel Energy PLC (LON:GENL) traded down 0.46% on Monday, hitting GBX 976.00. The stock had a trading volume of 153,877 shares. Genel Energy PLC has a one year low of GBX 770.50 and a one year high of GBX 1144.00. The stock has a 50-day moving average of GBX 1033. and a 200-day moving average of GBX 1000..
Genel Energy plc, formerly Vallares PLC, is an exploration and production company. It is an independent oil producer in the Kurdistan Region of Iraq.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.