SOCO International plc Earns Outperform Rating from RBC Capital (SIA)
SOCO International plc (LON:SIA)‘s stock had its “outperform” rating reaffirmed by investment analysts at RBC Capital in a note issued to investors on Wednesday. They currently have a GBX 450 ($7.52) price objective on the stock. RBC Capital’s price target points to a potential upside of 0.96% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of SOCO International plc in a research note on Thursday, August 7th. They now have a GBX 480 ($8.02) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of SOCO International plc in a research note on Friday, August 1st. They now have a GBX 491 ($8.21) price target on the stock. Four research analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company. SOCO International plc currently has a consensus rating of “Hold” and a consensus target price of GBX 422.86 ($7.07).
Shares of SOCO International plc (LON:SIA) opened at 440.70 on Wednesday. SOCO International plc has a 1-year low of GBX 365.30 and a 1-year high of GBX 477.10. The stock’s 50-day moving average is GBX 422.8 and its 200-day moving average is GBX 422.9. The company’s market cap is £1.446 billion.
SOCO International plc is an international oil and gas exploration and production company. The Company has oil and gas interests in Vietnam, which includes Block 9-2 and Block 16-1; Republic of Congo (LON:SIA), which includes Marine XI Block and Marine XIV Block, the Democratic Republic of Congo (Kinshasa), consists of Nganzi block and Block V and Angola, which include Cabinda Onshore North Block.
Receive News & Ratings for SOCO International plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SOCO International plc and related companies with Analyst Ratings Network's FREE daily email newsletter.