Bow Leven Rating Reiterated by Westhouse Securities (BLVN)
Bow Leven (LON:BLVN)‘s stock had its “buy” rating reaffirmed by equities researchers at Westhouse Securities in a research report issued on Tuesday. They currently have a GBX 95 ($1.59) price target on the stock. Westhouse Securities’ target price suggests a potential upside of 181.02% from the stock’s previous close.
Bow Leven (LON:BLVN) traded up 10.62% during mid-day trading on Tuesday, hitting GBX 37.3359. The stock had a trading volume of 19,851,290 shares. Bow Leven has a 52-week low of GBX 28.25 and a 52-week high of GBX 73.25. The stock’s 50-day moving average is GBX 33.81 and its 200-day moving average is GBX 35.49.
Separately, analysts at Barclays reiterated an “overweight” rating on shares of Bow Leven in a research note on Tuesday, April 1st. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of GBX 118.25 ($1.98).
Bowleven plc is engaged in oil and gas exploration. It holds, through its wholly owned subsidiary, EurOil Limited, a 75% equity interest in the Etinde Permit area being three shallow water blocks in offshore Cameroon, West Africa: Blocks MLHP 5, MLHP 6 and MLHP 7.
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.