Salamander Energy Plc Given Top Pick Rating at FirstEnergy Capital (SMDR)
Salamander Energy Plc (LON:SMDR)‘s stock had its “top pick” rating restated by equities research analysts at FirstEnergy Capital in a research note issued to investors on Friday. They currently have a GBX 190 ($3.19) price objective on the stock. FirstEnergy Capital’s price target indicates a potential upside of 31.49% from the stock’s previous close.
Shares of Salamander Energy Plc (LON:SMDR) opened at 139.125 on Friday. Salamander Energy Plc has a one year low of GBX 95.00 and a one year high of GBX 168.50. The stock’s 50-day moving average is GBX 134.8 and its 200-day moving average is GBX 112.3. The company’s market cap is £359.4 million.
Several other analysts have also recently commented on the stock. 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. Separately, 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. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Salamander Energy Plc in a research note on Thursday. They now have a GBX 145 ($2.43) price target on the stock. Eight analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company’s stock. Salamander Energy Plc presently has an average rating of “Buy” and an average price target of GBX 197.88 ($3.32).
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.
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.