SOCO International plc Given Average Recommendation of “Hold” by Brokerages (LON:SIA)
Shares of SOCO International plc (LON:SIA) have received a consensus recommendation of “Hold” from the fifteen analysts that are covering the company, Analyst RN reports. Five equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 420 ($7.20).
Several analysts have recently commented on the stock. Analysts at Barclays reiterated an “underweight” rating on shares of SOCO International plc in a research note on Tuesday. They now have a GBX 415 ($7.12) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of SOCO International plc in a research note on Tuesday, July 1st. They now have a GBX 496 ($8.51) price target on the stock. Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of SOCO International plc in a research note on Thursday, June 12th. They now have a GBX 450 ($7.72) price target on the stock.
Shares of SOCO International plc (LON:SIA) traded down 1.49% on Tuesday, hitting GBX 410.60. 102,386 shares of the company’s stock traded hands. SOCO International plc has a 1-year low of GBX 341.70 and a 1-year high of GBX 477.10. The stock’s 50-day moving average is GBX 419.8 and its 200-day moving average is GBX 418.4. The company’s market cap is £1.347 billion.
SOCO International plc is an international oil and gas exploration and production company. The Company has oil and gas interests in Vietnam, which includes Block 9-2 and Block 16-1; Republic of Congo (LON:SIA), which includes Marine XI Block and Marine XIV Block, the Democratic Republic of Congo (Kinshasa), consists of Nganzi block and Block V and Angola, which include Cabinda Onshore North Block.
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