Genel Energy PLC Given “Buy” Rating at Deutsche Bank (GENL)
Genel Energy PLC (LON:GENL)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Monday. They currently have a GBX 1,375 ($23.05) price target on the stock. Deutsche Bank’s target price points to a potential upside of 29.24% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Genel Energy PLC in a research note on Wednesday, April 23rd. They now have a GBX 1,160 ($19.45) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Genel Energy PLC in a research note on Tuesday, April 22nd. They now have a GBX 1,390 ($23.30) price target on the stock. Finally, analysts at Investec cut their price target on shares of Genel Energy PLC from GBX 1,115 ($18.69) to GBX 1,060 ($17.77) in a research note on Wednesday, April 16th. They now have a “hold” rating on the stock. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of GBX 1,241 ($20.80).
Shares of Genel Energy PLC (LON:GENL) traded up 0.66% during mid-day trading on Monday, hitting GBX 1063.95. 874,458 shares of the company’s stock traded hands. Genel Energy PLC has a 52-week low of GBX 857.50 and a 52-week high of GBX 1144.00. The stock’s 50-day moving average is GBX 1037. and its 200-day moving average is GBX 1015..
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.