Genel Energy (NASDAQ:GEGYY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday. The firm currently has a $1.25 target price on the stock.

According to Zacks, “Genel Energy PLC is an oil and gas exploration and production company. It reserves and resources located primarily in the Kurdistan Region of Iraq. Genel Energy PLC is headquartered in London. “

Shares of Genel Energy (NASDAQ GEGYY) remained flat at $1.25 during midday trading on Tuesday. The firm’s market cap is $347.99 million. Genel Energy has a one year low of $0.92 and a one year high of $1.25. The stock’s 50-day moving average price is $1.23 and its 200 day moving average price is $1.39.

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