Barclays Trims EnQuest (OTCMKTS:ENQUF) Target Price to 32.00

EnQuest (OTCMKTS:ENQUF) had its price target decreased by stock analysts at Barclays from 34.00 to 32.00 in a research report issued on Friday, The Fly reports. The firm currently has an “overweight” rating on the stock.

A number of other analysts have also recently commented on ENQUF. Jefferies Financial Group raised EnQuest from a “hold” rating to a “buy” rating in a research note on Friday, October 8th. Zacks Investment Research raised EnQuest from a “hold” rating to a “buy” rating and set a $0.25 price target for the company in a research note on Monday, December 27th.

Shares of ENQUF stock traded down $0.08 on Friday, reaching $0.16. The company had a trading volume of 573 shares, compared to its average volume of 4,689. The company has a debt-to-equity ratio of 41.76, a quick ratio of 0.48 and a current ratio of 0.54. The company has a 50-day moving average of $0.27 and a 200-day moving average of $0.29. EnQuest has a 12 month low of $0.00 and a 12 month high of $1.00.

About EnQuest

EnQuest Plc engages in the extraction and production of hydrocarbons. It operates through the North Sea and Malaysia segments. The company was founded by Amjad Bseisu and Thomas Nigel Dawson Hares on January 29, 2010 and is headquartered in London, the United Kingdom.

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