Genel Energy PLC Given “Buy” Rating at Beaufort Securities (GENL)
Genel Energy PLC (LON:GENL) opened at 1012.00 on Friday. 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 £2.836 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Genel Energy PLC in a research note on Thursday. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Genel Energy PLC in a research note on Monday. They now have a GBX 1,330 ($22.65) price target on the stock, down previously from GBX 1,390 ($23.68). Finally, 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. 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 company currently has a consensus rating of “Hold” and an average target price of GBX 1,186.82 ($20.21).
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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