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Investment analysts at Canaccord Genuity decreased their price target on shares of Gulf Keystone Petroleum Limited (LON:GKP) from GBX 100 ($1.66) to GBX 70 ($1.16) in a research report issued to clients and investors on Tuesday. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s price objective would suggest a potential downside of 10.26% from the company’s current price.

Shares of Gulf Keystone Petroleum Limited (LON:GKP) opened at 78.48 on Tuesday. Gulf Keystone Petroleum Limited has a 52-week low of GBX 61.00 and a 52-week high of GBX 240.00. The stock’s 50-day moving average is GBX 79.8 and its 200-day moving average is GBX 98.99. The company’s market cap is £682.4 million.

Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank cut their price target on shares of Gulf Keystone Petroleum Limited from GBX 145 ($2.41) to GBX 140 ($2.32) in a research note on Friday. They now have a “buy” rating on the stock. Separately, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Gulf Keystone Petroleum Limited in a research note on Thursday, August 28th. They now have a GBX 154 ($2.56) price target on the stock. Finally, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Gulf Keystone Petroleum Limited in a research note on Thursday, August 28th. They now have a GBX 125 ($2.07) price target on the stock. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 134.50 ($2.23).

Gulf Keystone Petroleum Limited (LON:GKP) is a holding company.

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