Genel Energy PLC Price Target Raised to GBX 1,164 at Liberum Capital (GENL)
Equities researchers at Liberum Capital hoisted their target price on shares of Genel Energy PLC (LON:GENL) from GBX 1,150 ($19.73) to GBX 1,164 ($19.97) in a research report issued on Wednesday. The firm currently has a “hold” rating on the stock. Liberum Capital’s target price would suggest a potential upside of 19.63% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd downgraded shares of Genel Energy PLC to an “add” rating in a research note on Friday, July 4th. They now have a GBX 1,136 ($19.49) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Genel Energy PLC in a research note on Friday, July 4th. They now have a GBX 1,375 ($23.58) price target on the stock. Finally, analysts at Beaufort Securities reiterated a “buy” rating on shares of Genel Energy PLC in a research note on Friday, July 4th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 1,188.09 ($20.38).
Shares of Genel Energy PLC (LON:GENL) traded down 0.46% during mid-day trading on Wednesday, hitting GBX 972.9999. 329,815 shares of the company’s stock traded hands. Genel Energy PLC has a one year low of GBX 771.50 and a one year high of GBX 1144.00. The stock has a 50-day moving average of GBX 1037. and a 200-day moving average of GBX 1015.. The company’s market cap is £2.727 billion.
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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