Genel Energy PLC Given Consensus Recommendation of “Hold” by Brokerages (LON:GENL)
Shares of Genel Energy PLC (LON:GENL) have earned an average recommendation of “Hold” from the fifteen ratings firms that are presently covering the stock, AnalystRatings.NET reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 1,175.75 ($19.78).
Shares of Genel Energy PLC (LON:GENL) opened at 962.90 on Monday. Genel Energy PLC has a one year low of GBX 903.35 and a one year high of GBX 1144.00. The stock has a 50-day moving average of GBX 986.6 and a 200-day moving average of GBX 1002.. The company’s market cap is £2.699 billion.
A number of analysts have recently weighed in on GENL shares. Analysts at Oriel Securities Ltd reiterated a “reduce” rating on shares of Genel Energy PLC in a research note on Thursday. They now have a GBX 900 ($15.14) 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 Tuesday, July 29th. They now have a GBX 1,375 ($23.14) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Genel Energy PLC in a research note on Monday, July 28th. They now have a GBX 1,330 ($22.38) price target on the stock.
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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