Enquest Plc Receives “Outperform” Rating from Credit Suisse (ENQ)
Enquest Plc (LON:ENQ)‘s stock had its “outperform” rating reiterated by analysts at Credit Suisse in a research report issued to clients and investors on Monday. They currently have a GBX 161 ($2.74) target price on the stock. Credit Suisse’s price objective indicates a potential upside of 14.67% from the company’s current price.
A number of other firms have also recently commented on ENQ. Analysts at FirstEnergy Capital reiterated an “outperform” rating on shares of Enquest Plc in a research note on Monday, June 16th. They now have a GBX 1.90 ($0.03) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Enquest Plc in a research note on Friday, June 13th. They now have a GBX 185 ($3.15) price target on the stock. Finally, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Enquest Plc in a research note on Friday, June 13th. They now have a GBX 138 ($2.35) price target on the stock. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 147.38 ($2.51).
Shares of Enquest Plc (LON:ENQ) opened at 141.20 on Monday. Enquest Plc has a 52-week low of GBX 116.70 and a 52-week high of GBX 148.40. The stock has a 50-day moving average of GBX 140.7 and a 200-day moving average of GBX 137.1. The company’s market cap is £1.097 billion.
EnQuest PLC (LON:ENQ) is an independent oil and gas development and production with its focus on the United Kingdom Continental Shelf (UKCS).
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