Salamander Energy Plc Receives Consensus Rating of “Buy” from Brokerages (LON:SMDR)
Salamander Energy Plc (LON:SMDR) has earned an average rating of “Buy” from the sixteen analysts that are currently covering the stock, Analyst Ratings Network reports. Seven 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. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 179.14 ($2.96).
Shares of Salamander Energy Plc (LON:SMDR) opened at 104.75 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 113.0 and its 200-day moving average is GBX 118.4. The company’s market cap is £265.5 million.
Several analysts have recently commented on the stock. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Salamander Energy Plc in a research note on Thursday. They now have a GBX 160 ($2.65) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Salamander Energy Plc in a research note on Thursday. Finally, 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.
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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