Enquest Plc (ENQ) Stock Rating Reaffirmed by JPMorgan Chase & Co.
Enquest Plc (LON:ENQ)‘s stock had its “neutral” rating reissued by JPMorgan Chase & Co. in a report released on Wednesday. They currently have a GBX 50 ($0.65) target price on the oil and gas development company’s stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 28.21% from the stock’s current price.
Other equities research analysts have also issued reports about the stock. Barclays PLC reaffirmed an “underweight” rating and set a GBX 53 ($0.68) price target on shares of Enquest Plc in a report on Thursday, March 23rd. Jefferies Group LLC reaffirmed a “buy” rating and set a GBX 64 ($0.83) price target on shares of Enquest Plc in a report on Wednesday, March 22nd. GMP Securities reaffirmed a “speculative buy” rating on shares of Enquest Plc in a report on Wednesday, January 25th. Macquarie lowered shares of Enquest Plc to an “underperform” rating and decreased their price target for the company from GBX 79 ($1.02) to GBX 30 ($0.39) in a report on Friday, February 3rd. Finally, Citigroup Inc reaffirmed a “sell” rating and set a GBX 34 ($0.44) price target on shares of Enquest Plc in a report on Monday, February 6th. Four equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 42.25 ($0.55).
Shares of Enquest Plc (LON:ENQ) traded up 2.63% during trading on Wednesday, hitting GBX 39.00. 23,087,495 shares of the stock were exchanged. The firm has a 50 day moving average price of GBX 40.21 and a 200 day moving average price of GBX 41.09. The firm’s market capitalization is GBX 439.08 million. Enquest Plc has a 52 week low of GBX 22.00 and a 52 week high of GBX 56.00.
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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