Gulf Keystone Petroleum Limited Receives Buy Rating from Cantor Fitzgerald Europe (GKP)
Gulf Keystone Petroleum Limited (LON:GKP)‘s stock had its “buy” rating reissued by research analysts at Cantor Fitzgerald Europe in a report released on Thursday. They currently have a GBX 154 ($2.55) price objective on the stock. Cantor Fitzgerald Europe‘s price target would suggest a potential upside of 86.67% from the stock’s previous close.
A number of other analysts have also recently weighed in on GKP. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Gulf Keystone Petroleum Limited in a research note on Thursday. They now have a GBX 125 ($2.07) price target on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Gulf Keystone Petroleum Limited from GBX 95 ($1.57) to GBX 100 ($1.65) in a research note on Thursday, July 17th. They now have a “hold” rating on the stock. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Gulf Keystone Petroleum Limited presently has a consensus rating of “Hold” and a consensus target price of GBX 140.33 ($2.32).
Gulf Keystone Petroleum Limited (LON:GKP) opened at 75.15 on Thursday. Gulf Keystone Petroleum Limited has a 1-year low of GBX 61.00 and a 1-year high of GBX 240.00. The stock has a 50-day moving average of GBX 81.16 and a 200-day moving average of GBX 100.6. The company’s market cap is £653.5 million.
Gulf Keystone Petroleum Limited (LON:GKP) is a holding company.
To view Cantor Fitzgerald Europe’s full report, visit Cantor Fitzgerald Europe’s official website.
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