Salamander Energy Plc Stock Rating Reaffirmed by RBC Capital (SMDR)
Salamander Energy Plc (LON:SMDR)‘s stock had its “sector perform” rating restated by analysts at RBC Capital in a research report issued to clients and investors on Wednesday. They currently have a GBX 160 ($2.69) price target on the stock. RBC Capital’s price objective indicates a potential upside of 10.92% from the company’s current price.
Shares of Salamander Energy Plc (LON:SMDR) opened at 144.7662 on Wednesday. Salamander Energy Plc has a 52 week low of GBX 95.00 and a 52 week high of GBX 207.30. The stock has a 50-day moving average of GBX 122.6 and a 200-day moving average of GBX 109.1. The company’s market cap is £374.0 million.
SMDR has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “equal weight” rating on shares of Salamander Energy Plc in a research note on Wednesday, May 7th. They now have a GBX 130 ($2.19) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Salamander Energy Plc in a research note on Thursday, May 1st. They now have a GBX 145 ($2.44) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Salamander Energy Plc in a research note on Thursday, April 24th. They now have a GBX 185 ($3.11) price target on the stock. Seven investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Salamander Energy Plc currently has an average rating of “Buy” and an average price target of GBX 198.40 ($3.34).
Salamander Energy PLC is a holding company. The Company is engaged in oil and gas exploration, development and production, which focuses on building a portfolio of assets in Asia.
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