Salamander Energy Plc Given Consensus Recommendation of “Buy” by Brokerages (LON:SMDR)
Salamander Energy Plc (LON:SMDR) has earned a consensus rating of “Buy” from the sixteen brokerages that are covering the company, AnalystRatings.Net reports. Seven research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 179.14 ($2.96).
A number of research firms have recently commented on SMDR. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Salamander Energy Plc in a research note on Wednesday. They now have a GBX 150 ($2.48) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Salamander Energy Plc in a research note on Wednesday, August 20th. They now have a GBX 160 ($2.65) price target on the stock. Finally, analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of Salamander Energy Plc in a research note on Wednesday, August 20th.
Shares of Salamander Energy Plc (LON:SMDR) traded down 0.23% on Wednesday, hitting GBX 108.50. 79,636 shares of the company’s stock traded hands. 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 115.0 and its 200-day moving average is GBX 118.6. The company’s market cap is £280.3 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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