Genel Energy PLC Rating Reiterated by Credit Suisse (GENL)
Genel Energy PLC (LON:GENL)‘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 1,390 ($23.68) price target on the stock. Credit Suisse’s target price would indicate a potential upside of 38.72% from the stock’s previous close.
Genel Energy PLC (LON:GENL) opened at 1008.00 on Monday. Genel Energy PLC has a 52 week low of GBX 903.35 and a 52 week high of GBX 1144.00. The stock’s 50-day moving average is GBX 1037. and its 200-day moving average is GBX 1015.. The company’s market cap is £2.825 billion.
A number of other firms have also recently commented on GENL. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Genel Energy PLC in a research note on Monday, June 23rd. They now have a GBX 1,375 ($23.42) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Genel Energy PLC in a research note on Friday, June 20th. Finally, analysts at Oriel Securities Ltd downgraded shares of Genel Energy PLC to a “reduce” rating in a research note on Wednesday, June 18th. They now have a GBX 900 ($15.33) price target on the stock. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 1,201 ($20.46).
Genel Energy plc, formerly Vallares PLC, is an exploration and production company. It is an independent oil producer in the Kurdistan Region of Iraq.
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