Salamander Energy Plc Stock Rating Reaffirmed by FirstEnergy Capital (SMDR)
Salamander Energy Plc (LON:SMDR)‘s stock had its “top pick” rating reaffirmed by research analysts at FirstEnergy Capital in a report released on Monday. They currently have a GBX 190 ($3.18) price target on the stock. FirstEnergy Capital’s price target suggests a potential upside of 73.12% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Salamander Energy Plc in a research note on Monday. Separately, analysts at HSBC reiterated an “overweight” rating on shares of Salamander Energy Plc in a research note on Friday, August 1st. They now have a GBX 200 ($3.34) price target on the stock. Finally, analysts at Canaccord Genuity cut their price target on shares of Salamander Energy Plc from GBX 155 ($2.59) to GBX 150 ($2.51) in a research note on Wednesday, July 23rd. They now have a “buy” rating on the stock. Seven research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of GBX 179.14 ($2.99).
Salamander Energy Plc (LON:SMDR) opened at 105.00 on Monday. Salamander Energy Plc has a 52 week low of GBX 95.00 and a 52 week high of GBX 155.95. The stock has a 50-day moving average of GBX 120.4 and a 200-day moving average of GBX 118.2. The company’s market cap is £271.2 million.
Salamander Energy PLC is a holding company. The Company is engaged in oil and gas exploration, development and production, which focuses on building a portfolio of assets in Asia.
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