Enquest Plc Price Target Cut to GBX 150 (ENQ)
Credit Suisse lowered their price objective on shares of Enquest Plc (LON:ENQ) from GBX 161 ($2.69) to GBX 150 ($2.51) in a research note issued on Tuesday. The firm currently has an “outperform” rating on the stock. Credit Suisse’s price target suggests a potential upside of 23.86% from the stock’s previous close.
ENQ has been the subject of a number of other recent research reports. Analysts at Danske Bank Markets reiterated a “buy” rating on shares of Enquest Plc in a research note on Monday. They now have a GBX 174.45 ($2.92) price target on the stock. Separately, analysts at FirstEnergy Capital reiterated an “outperform” rating on shares of Enquest Plc in a research note on Thursday, August 14th. They now have a GBX 160 ($2.67) price target on the stock. Finally, analysts at BMO Capital Markets reiterated a “market perform” rating on shares of Enquest Plc in a research note on Wednesday, August 13th. They now have a GBX 150 ($2.51) price target on the stock. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 159.80 ($2.67).
Shares of Enquest Plc (LON:ENQ) opened at 123.27 on Tuesday. Enquest Plc has a one year low of GBX 116.00 and a one year high of GBX 148.40. The stock has a 50-day moving average of GBX 131.6 and a 200-day moving average of GBX 136.2. The company’s market cap is £959.2 million.
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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