Enquest Plc (LON:ENQ) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Enquest Plc (LON:ENQ) have earned a consensus recommendation of “Hold” from the thirteen ratings firms that are currently covering the firm. One analyst has rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 36.96 ($0.48).
ENQ has been the topic of several research analyst reports. Citigroup Inc. reduced their price objective on Enquest Plc from GBX 42 ($0.55) to GBX 36 ($0.47) and set a “neutral” rating on the stock in a research note on Monday, September 12th. Macquarie raised their price objective on Enquest Plc from GBX 54 ($0.70) to GBX 78 ($1.02) and gave the stock an “outperform” rating in a research note on Friday, September 16th. Canaccord Genuity restated a “buy” rating and set a GBX 50 ($0.65) price objective on shares of Enquest Plc in a research note on Tuesday, July 19th. Numis Securities Ltd restated an “under review” rating on shares of Enquest Plc in a research note on Monday, July 25th. Finally, Liberum Capital reiterated a “sell” rating and issued a GBX 25 ($0.33) target price on shares of Enquest Plc in a research note on Tuesday, July 5th.
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Enquest Plc (LON:ENQ) traded up 1.92% during midday trading on Wednesday, hitting GBX 26.50. 1,839,204 shares of the company traded hands. The stock has a 50 day moving average of GBX 27.16 and a 200 day moving average of GBX 28.65. Enquest Plc has a 12-month low of GBX 10.50 and a 12-month high of GBX 42.10. The stock’s market cap is GBX 205.75 million.
Enquest Plc Company Profile
EnQuest PLC is a United Kingdom-based oil and gas development and production company. The Company’s principal activities are the exploration for, and extraction and production of, hydrocarbons in the United Kingdom Continental Shelf and Malaysia. The Company focuses on maturing assets and undeveloped oil fields.
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