Genel Energy PLC PT Lowered to GBX 1,230 at Credit Suisse (GENL)
Stock analysts at Credit Suisse decreased their price target on shares of Genel Energy PLC (LON:GENL) from GBX 1,330 ($22.07) to GBX 1,230 ($20.41) in a report issued on Tuesday. The firm currently has an “outperform” rating on the stock. Credit Suisse’s target price would suggest a potential upside of 41.62% from the company’s current price.
GENL has been the subject of a number of other recent research reports. Analysts at Investec cut their price target on shares of Genel Energy PLC from GBX 1,060 ($17.59) to GBX 1,005 ($16.68) in a research note on Thursday, August 21st. They now have a “hold” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Genel Energy PLC in a research note on Friday, August 15th. They now have a GBX 1,350 ($22.40) price target on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Genel Energy PLC in a research note on Thursday, August 14th. They now have a GBX 1,000 ($16.59) price target on the stock. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 1,142.50 ($18.96).
Genel Energy PLC (LON:GENL) traded up 0.41% during mid-day trading on Tuesday, hitting GBX 868.5152. The stock had a trading volume of 536,347 shares. Genel Energy PLC has a one year low of GBX 733.00 and a one year high of GBX 1144.00. The stock has a 50-day moving average of GBX 910.9 and a 200-day moving average of GBX 976.8. The company’s market cap is £2.434 billion.
Genel Energy plc, formerly Vallares PLC, is an exploration and production company. It is an independent oil producer in the Kurdistan Region of Iraq.
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