Geopark (GPRK) Stock Rating Lowered by ValuEngine
Geopark (NYSE:GPRK) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Friday.
Other equities research analysts have also recently issued research reports about the stock. GMP Securities reissued a “buy” rating on shares of Geopark in a research note on Friday, August 18th. TheStreet lowered Geopark from a “c-” rating to a “d+” rating in a report on Wednesday. Scotiabank raised their price objective on Geopark from $10.00 to $10.50 and gave the company an “outperform” rating in a report on Thursday, November 16th. Zacks Investment Research upgraded Geopark from a “hold” rating to a “buy” rating and set a $9.75 price objective on the stock in a report on Friday, October 27th. Finally, Canaccord Genuity began coverage on Geopark in a report on Thursday, September 21st. They set a “buy” rating and a $11.50 price target on the stock. One investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $11.68.
Shares of Geopark (NYSE GPRK) traded up $0.04 during midday trading on Friday, hitting $8.65. 46,329 shares of the stock were exchanged, compared to its average volume of 109,281. Geopark has a twelve month low of $4.04 and a twelve month high of $9.98. The company has a debt-to-equity ratio of 3.20, a quick ratio of 1.75 and a current ratio of 1.80.
TRADEMARK VIOLATION NOTICE: This article was originally published by American Banking News and is owned by of American Banking News. If you are viewing this article on another domain, it was copied illegally and republished in violation of international trademark & copyright legislation. The original version of this article can be accessed at https://www.americanbankingnews.com/2017/12/03/geopark-gprk-stock-rating-lowered-by-valuengine.html.
GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Peru, and Argentina. As of December 31, 2016, the company had working and/or economic interests in 26 hydrocarbons blocks, as well as shallow-offshore concession in Brazil that includes the Manati Field.
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Geopark Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geopark Ltd and related companies with MarketBeat.com's FREE daily email newsletter.