Geopark (NYSE:GPRK) received a $12.00 price target from investment analysts at Canaccord Genuity in a research note issued on Monday. The firm presently has a “buy” rating on the oil and gas company’s stock. Canaccord Genuity’s price objective points to a potential upside of 39.53% from the company’s previous close.

Several other equities analysts also recently commented on the company. ValuEngine cut Geopark from a “hold” rating to a “sell” rating in a research note on Friday. TheStreet cut Geopark from a “c-” rating to a “d+” rating in a research note on Wednesday, November 29th. GMP Securities restated a “buy” rating and set a $14.00 target price on shares of Geopark in a research note on Sunday, November 19th. Scotiabank upped their target price on Geopark from $10.00 to $10.50 and gave the stock an “outperform” rating in a research note on Thursday, November 16th. Finally, Zacks Investment Research upgraded Geopark from a “hold” rating to a “buy” rating and set a $9.75 target price for the company in a research note on Friday, October 27th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. Geopark currently has a consensus rating of “Buy” and a consensus price target of $11.68.

Shares of Geopark (GPRK) opened at $8.60 on Monday. The company has a debt-to-equity ratio of 3.20, a quick ratio of 1.75 and a current ratio of 1.80. Geopark has a 12-month low of $4.04 and a 12-month high of $9.98.

Several hedge funds have recently added to or reduced their stakes in GPRK. AJO LP bought a new position in Geopark in the 2nd quarter valued at about $2,617,000. Victory Capital Management Inc. lifted its position in Geopark by 1,202.0% in the 3rd quarter. Victory Capital Management Inc. now owns 291,683 shares of the oil and gas company’s stock valued at $2,555,000 after acquiring an additional 269,281 shares in the last quarter. Boston Partners lifted its position in Geopark by 542.6% in the 2nd quarter. Boston Partners now owns 164,246 shares of the oil and gas company’s stock valued at $1,240,000 after acquiring an additional 138,688 shares in the last quarter. Acadian Asset Management LLC lifted its position in Geopark by 465.6% in the 2nd quarter. Acadian Asset Management LLC now owns 157,521 shares of the oil and gas company’s stock valued at $1,189,000 after acquiring an additional 129,673 shares in the last quarter. Finally, Macquarie Group Ltd. bought a new position in Geopark in the 3rd quarter valued at about $1,108,000. 19.12% of the stock is currently owned by institutional investors.

TRADEMARK VIOLATION NOTICE: This report was first reported by American Banking News and is owned by of American Banking News. If you are reading this report on another site, it was copied illegally and reposted in violation of United States & international trademark & copyright laws. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/12/04/geopark-gprk-stock-rating-reaffirmed-by-canaccord-genuity.html.

Geopark Company Profile

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.

Analyst Recommendations for Geopark (NYSE:GPRK)

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.