RBC Capital Reiterates Sector Perform Rating for Enquest Plc (ENQ)
Enquest Plc (LON:ENQ)‘s stock had its “sector perform” rating reissued by investment analysts at RBC Capital in a note issued to investors on Wednesday. They currently have a GBX 175 ($2.93) price target on the stock. RBC Capital’s target price would suggest a potential upside of 43.56% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse cut their price target on shares of Enquest Plc from GBX 161 ($2.69) to GBX 150 ($2.51) in a research note on Tuesday. They now have an “outperform” rating on the stock. Separately, 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. Finally, 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. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. Enquest Plc currently has a consensus rating of “Hold” and an average target price of GBX 159.80 ($2.67).
Enquest Plc (LON:ENQ) opened at 121.20 on Wednesday. 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 131.3 and a 200-day moving average of GBX 136.1. The company’s market cap is £943.1 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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