Heritage Oil PLC Given “Tender” Rating at FirstEnergy Capital (HOIL)
Heritage Oil PLC (LON:HOIL)‘s stock had its “tender” rating reaffirmed by investment analysts at FirstEnergy Capital in a note issued to investors on Tuesday, Stock Ratings News reports. They currently have a GBX 320 ($5.39) price objective on the stock. FirstEnergy Capital’s target price would suggest a potential upside of 1.49% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Heritage Oil PLC in a research note on Friday, May 2nd. They now have a GBX 315 ($5.31) price target on the stock. Separately, analysts at RBC Capital downgraded shares of Heritage Oil PLC to a “sector performer” rating in a research note on Thursday, May 1st. They now have a GBX 320 ($5.39) price target on the stock. Finally, analysts at Westhouse Securities reiterated an “add” rating on shares of Heritage Oil PLC in a research note on Wednesday, April 30th. They now have a GBX 300 ($5.05) price target on the stock. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Heritage Oil PLC has a consensus rating of “Hold” and an average price target of GBX 273 ($4.60).
Shares of Heritage Oil PLC (LON:HOIL) opened at 315.40 on Tuesday. Heritage Oil PLC has a 1-year low of GBX 123.80 and a 1-year high of GBX 317.90. The stock has a 50-day moving average of GBX 265. and a 200-day moving average of GBX 206.5. The company’s market cap is £876.6 million.
Heritage Oil Plc is an independent oil and gas exploration and production company. The Company has producing assets in Nigeria and Russia, and exploration assets in Tanzania, Papua New Guinea, Malta, Libya and Pakistan.
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