Salamander Energy Plc Rating Reiterated by Deutsche Bank (SMDR)
Salamander Energy Plc (LON:SMDR)‘s stock had its “buy” rating reiterated by Deutsche Bank in a research note issued on Tuesday. They currently have a GBX 185 ($3.09) target price on the stock. Deutsche Bank’s price target indicates a potential upside of 77.88% from the company’s current price.
A number of other firms have also recently commented on SMDR. Analysts at FirstEnergy Capital reiterated a “top pick” rating on shares of Salamander Energy Plc in a research note on Monday. They now have a GBX 190 ($3.18) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Salamander Energy Plc in a research note on Monday. Finally, 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. Seven equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of GBX 179.14 ($2.99).
Salamander Energy Plc (LON:SMDR) traded up 3.30% on Tuesday, hitting GBX 107.43. The stock had a trading volume of 283,063 shares. Salamander Energy Plc has a 1-year low of GBX 95.00 and a 1-year high of GBX 155.95. The stock has a 50-day moving average of GBX 119.2 and a 200-day moving average of GBX 118.3. The company’s market cap is £277.5 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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