Salamander Energy Plc Given Consensus Rating of “Buy” by Brokerages (LON:SMDR)
Shares of Salamander Energy Plc (LON:SMDR) have been given an average rating of “Buy” by the seventeen ratings firms that are currently covering the stock, AR Network reports. Eight investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 197.88 ($3.32).
Salamander Energy Plc (LON:SMDR) opened at 139.00 on Friday. Salamander Energy Plc has a 52-week low of GBX 95.00 and a 52-week high of GBX 168.50. The stock has a 50-day moving average of GBX 134.8 and a 200-day moving average of GBX 112.3. The company’s market cap is £359.1 million.
A number of research firms have recently commented on SMDR. Analysts at FirstEnergy Capital reiterated a “top pick” rating on shares of Salamander Energy Plc in a research note on Friday. They now have a GBX 190 ($3.19) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Salamander Energy Plc in a research note on Friday. They now have a GBX 185 ($3.10) price target on the stock. Finally, analysts at BMO Capital Markets reiterated an “outperform” rating on shares of Salamander Energy Plc in a research note on Thursday. They now have a GBX 198 ($3.32) price target on the stock.
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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