Enquest Plc (LON:ENQ) Receives Average Rating of “Hold” from Brokerages
Shares of Enquest Plc (LON:ENQ) have received an average rating of “Hold” from the nine ratings firms that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 41 ($0.53).
A number of equities research analysts have weighed in on the company. Jefferies Group LLC reaffirmed a “buy” rating and set a GBX 64 ($0.83) target price on shares of Enquest Plc in a research report on Wednesday, May 17th. Macquarie decreased their target price on Enquest Plc from GBX 30 ($0.39) to GBX 10 ($0.13) and set an “underperform” rating for the company in a research report on Wednesday, June 21st. Barclays PLC reaffirmed an “underweight” rating and set a GBX 35 ($0.46) target price on shares of Enquest Plc in a research report on Friday, July 21st. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 50 ($0.65) target price on shares of Enquest Plc in a research report on Wednesday, May 17th. Finally, GMP Securities reaffirmed a “speculative buy” rating on shares of Enquest Plc in a research report on Thursday, May 25th.
Shares of Enquest Plc (LON:ENQ) traded down 1.53% during mid-day trading on Friday, reaching GBX 32.25. The company’s stock had a trading volume of 1,304,156 shares. The company’s market cap is GBX 363.08 million. Enquest Plc has a 52-week low of GBX 23.00 and a 52-week high of GBX 56.00. The company has a 50-day moving average price of GBX 32.10 and a 200 day moving average price of GBX 38.95.
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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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