Gulf Keystone Petroleum Limited (LON:GKP) had its price objective cut by investment analysts at Peel Hunt from GBX 250 ($3.26) to GBX 230 ($3.00) in a report issued on Friday. The firm presently has a “buy” rating on the oil production company’s stock. Peel Hunt’s price objective would suggest a potential upside of 149.32% from the company’s current price.

Separately, Canaccord Genuity dropped their price target on shares of Gulf Keystone Petroleum Limited to GBX 260 ($3.40) and set a “buy” rating on the stock in a research report on Friday, April 7th.

Gulf Keystone Petroleum Limited (GKP) opened at 92.25 on Friday. Gulf Keystone Petroleum Limited has a one year low of GBX 91.07 and a one year high of GBX 538.19. The company has a 50-day moving average of GBX 101.85 and a 200 day moving average of GBX 117.77. The company’s market cap is GBX 211.46 million.

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About Gulf Keystone Petroleum Limited

Gulf Keystone Petroleum Limited (Gulf Keystone) is a holding company, which is engaged in the oil and gas exploration and production. The Company operates in the Kurdistan Region of Iraq. It operates through segments, including Kurdistan Region of Iraq and United Kingdom. The Kurdistan Region of Iraq segment consists of the Shaikan, Ber Bahr blocks and the Erbil office, which provides support to the operations in Kurdistan.

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