Enquest Plc’s “Buy” Rating Reaffirmed at Liberum Capital (ENQ)
Enquest Plc (LON:ENQ)‘s stock had its “buy” rating restated by research analysts at Liberum Capital in a report released on Wednesday. They currently have a GBX 168 ($2.88) price target on the stock. Liberum Capital’s price target suggests a potential upside of 24.63% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “underweight” rating on shares of Enquest Plc in a research note on Tuesday. They now have a GBX 155 ($2.66) price target on the stock. Separately, analysts at Danske Bank Markets reiterated a “buy” rating on shares of Enquest Plc in a research note on Friday, July 4th. They now have a GBX 195.50 ($3.35) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Enquest Plc in a research note on Monday, June 30th. They now have a GBX 161 ($2.76) price target on the stock. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the company. Enquest Plc presently has a consensus rating of “Hold” and an average target price of GBX 151.97 ($2.61).
Shares of Enquest Plc (LON:ENQ) traded up 0.60% during mid-day trading on Wednesday, hitting GBX 134.80. 1,216,182 shares of the company’s stock traded hands. Enquest Plc has a 1-year low of GBX 120.10 and a 1-year high of GBX 148.40. The stock’s 50-day moving average is GBX 140.1 and its 200-day moving average is GBX 137.2. The company’s market cap is £1.048 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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