RBC Capital Reiterates Sector Perform Rating for Heritage Oil PLC (HOIL)
Heritage Oil PLC (LON:HOIL)‘s stock had its “sector perform” rating reiterated by equities research analysts at RBC Capital in a research note issued to investors on Wednesday. They currently have a GBX 320 ($5.38) price objective on the stock. RBC Capital’s price target would indicate a potential upside of 1.52% from the stock’s previous close.
Shares of Heritage Oil PLC (LON:HOIL) opened at 315.00 on Wednesday. Heritage Oil PLC has a 1-year low of GBX 127.50 and a 1-year high of GBX 317.90. The stock’s 50-day moving average is GBX 277.1 and its 200-day moving average is GBX 211.8. The company’s market cap is £875.5 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at FirstEnergy Capital reiterated a “tender” rating on shares of Heritage Oil PLC in a research note on Tuesday, May 13th. They now have a GBX 320 ($5.38) price target on the stock. Separately, 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 ($5.30) 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 equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 270 ($4.54).
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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