Credit Suisse Reiterates Outperform Rating for Enquest Plc (ENQ)
Enquest Plc (LON:ENQ)‘s stock had its “outperform” rating reiterated by Credit Suisse in a research note issued on Monday. They currently have a GBX 161 ($2.76) price objective on the stock. Credit Suisse’s target price indicates a potential upside of 21.69% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Enquest Plc in a research note on Wednesday, July 9th. They now have a GBX 168 ($2.88) price target on the stock. Separately, analysts at Barclays reiterated an “underweight” rating on shares of Enquest Plc in a research note on Tuesday, July 8th. They now have a GBX 155 ($2.65) price target on the stock. Finally, 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. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 151.97 ($2.60).
Enquest Plc (LON:ENQ) traded up 0.91% during mid-day trading on Monday, hitting GBX 133.50. The stock had a trading volume of 604,445 shares. Enquest Plc has a 52-week low of GBX 120.10 and a 52-week high of GBX 148.40. The stock’s 50-day moving average is GBX 139.7 and its 200-day moving average is GBX 137.1. The company’s market cap is £1.037 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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