Gulf Keystone Petroleum Limited Stock Rating Reaffirmed by Deutsche Bank (GKP)
Gulf Keystone Petroleum Limited (LON:GKP)‘s stock had its “buy” rating reaffirmed by equities researchers at Deutsche Bank in a research report issued on Monday. They currently have a GBX 145 ($2.43) target price on the stock. Deutsche Bank’s price target points to a potential upside of 50.26% from the company’s current price.
Shares of Gulf Keystone Petroleum Limited (LON:GKP) traded up 0.52% on Monday, hitting GBX 96.50. 2,539,566 shares of the company’s stock traded hands. Gulf Keystone Petroleum Limited has a 1-year low of GBX 81.91 and a 1-year high of GBX 240.00. The stock has a 50-day moving average of GBX 93.90 and a 200-day moving average of GBX 137.7. The company’s market cap is £839.1 million.
GKP has been the subject of a number of other recent research reports. Analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Gulf Keystone Petroleum Limited in a research note on Wednesday, May 14th. They now have a GBX 154 ($2.58) price target on the stock. Separately, analysts at Canaccord Genuity upgraded shares of Gulf Keystone Petroleum Limited to a “hold” rating in a research note on Thursday, April 10th. They now have a GBX 95 ($1.59) price target on the stock, down previously from GBX 100 ($1.68). Finally, analysts at HSBC reiterated an “overweight” rating on shares of Gulf Keystone Petroleum Limited in a research note on Tuesday, April 1st. They now have a GBX 145 ($2.43) price target on the stock. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of GBX 185.78 ($3.11).
Gulf Keystone Petroleum Limited (LON:GKP) is a holding company.
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