Salamander Energy Plc Earns Speculative Buy Rating from Beaufort Securities (SMDR)
Salamander Energy Plc (LON:SMDR) opened at 108.75 on Wednesday. Salamander Energy Plc has a one year low of GBX 95.00 and a one year high of GBX 155.95. The stock’s 50-day moving average is GBX 118.9 and its 200-day moving average is GBX 118.3. The company’s market cap is £280.9 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Salamander Energy Plc in a research note on Tuesday. They now have a GBX 185 ($3.09) price target on the stock. Separately, 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. Finally, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Salamander Energy Plc in a research note on Monday. Seven investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. Salamander Energy Plc presently has a consensus rating of “Buy” and an average target price of GBX 179.14 ($2.99).
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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