Geopark Ltd (GPRK) Given Average Recommendation of “Buy” by Brokerages
Shares of Geopark Ltd (NYSE:GPRK) have received a consensus recommendation of “Buy” from the eleven brokerages that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation and nine have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $11.96.
A number of brokerages have commented on GPRK. Scotiabank upped their price target on shares of Geopark from $10.00 to $10.50 and gave the company an “outperform” rating in a research report on Thursday, November 16th. Zacks Investment Research raised shares of Geopark from a “hold” rating to a “buy” rating and set a $9.75 price target on the stock in a research report on Friday, October 27th. Canaccord Genuity began coverage on shares of Geopark in a research report on Thursday, September 21st. They set a “buy” rating and a $11.50 price target on the stock. ValuEngine cut shares of Geopark from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Finally, TheStreet cut shares of Geopark from a “c-” rating to a “d+” rating in a research report on Wednesday, November 29th.
Shares of Geopark (NYSE GPRK) remained flat at $$10.00 on Friday. 44,665 shares of the company’s stock were exchanged, compared to its average volume of 130,575. The company has a quick ratio of 1.75, a current ratio of 1.80 and a debt-to-equity ratio of 3.20. The firm has a market cap of $597.01, a P/E ratio of -14.71 and a beta of 0.24. Geopark has a 1 year low of $4.40 and a 1 year high of $10.25.
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.
Receive News & Ratings for Geopark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geopark and related companies with MarketBeat.com's FREE daily email newsletter.