Shares of Geopark Ltd (NYSE:GPRK) have been assigned a consensus recommendation of “Buy” from the eleven analysts that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and nine have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $11.75.

Several research analysts have recently issued reports on GPRK shares. Canaccord Genuity set a $12.00 price target on shares of Geopark and gave the stock a “buy” rating in a report on Monday, December 4th. GMP Securities reissued a “buy” rating and issued a $14.00 price objective on shares of Geopark in a research note on Sunday, November 19th. Zacks Investment Research raised shares of Geopark from a “hold” rating to a “buy” rating and set a $9.75 price objective on the stock in a research note on Friday, October 27th. TheStreet cut shares of Geopark from a “c-” rating to a “d+” rating in a research note on Wednesday, November 29th. Finally, Scotiabank boosted their price objective on shares of Geopark from $10.00 to $10.50 and gave the stock an “outperform” rating in a research note on Thursday, November 16th.

Shares of Geopark (NYSE:GPRK) traded up $0.18 during trading hours on Monday, hitting $8.78. 47,579 shares of the stock traded hands, compared to its average volume of 145,107. The company has a debt-to-equity ratio of 3.20, a current ratio of 1.80 and a quick ratio of 1.75. Geopark has a 52 week low of $4.04 and a 52 week high of $9.98.

A number of institutional investors and hedge funds have recently modified their holdings of the business. AJO LP bought a new stake in Geopark during the second quarter valued at $2,617,000. Victory Capital Management Inc. boosted its position in Geopark by 1,202.0% during the third 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 during the last quarter. California Public Employees Retirement System boosted its position in Geopark by 7.9% during the third quarter. California Public Employees Retirement System now owns 283,924 shares of the oil and gas company’s stock valued at $2,487,000 after acquiring an additional 20,824 shares during the last quarter. Boston Partners boosted its position in Geopark by 15.9% during the third quarter. Boston Partners now owns 190,307 shares of the oil and gas company’s stock valued at $1,667,000 after acquiring an additional 26,061 shares during the last quarter. Finally, Macquarie Group Ltd. bought a new stake in Geopark during the third quarter valued at $1,108,000. 19.12% of the stock is currently owned by institutional investors and hedge funds.

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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)

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