Genel Energy PLC Receives “Hold” Rating from Liberum Capital (GENL)
Genel Energy PLC (LON:GENL)‘s stock had its “hold” rating reiterated by research analysts at Liberum Capital in a report released on Thursday. They currently have a GBX 1,000 ($16.59) price target on the stock. Liberum Capital’s price target suggests a potential upside of 14.73% from the company’s current price.
Genel Energy PLC (LON:GENL) traded down 1.17% during mid-day trading on Thursday, hitting GBX 847.5001. The stock had a trading volume of 356,540 shares. Genel Energy PLC has a 52 week low of GBX 733.00 and a 52 week high of GBX 1144.00. The stock’s 50-day moving average is GBX 907.8 and its 200-day moving average is GBX 975.7. The company’s market cap is £2.375 billion.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. cut their price target on shares of Genel Energy PLC from GBX 1,170 ($19.42) to GBX 1,165 ($19.33) in a research note on Thursday. They now have a “neutral” rating on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of Genel Energy PLC from GBX 1,100 ($18.25) to GBX 1,050 ($17.42) in a research note on Tuesday. They now have a “buy” rating on the stock. Finally, analysts at Credit Suisse cut their price target on shares of Genel Energy PLC from GBX 1,330 ($22.07) to GBX 1,230 ($20.41) in a research note on Tuesday. They now have an “outperform” rating on the stock. Eight investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 1,142.08 ($18.95).
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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