EnQuest’s (ENQ) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of EnQuest (LON:ENQ) in a research report report published on Wednesday, Marketbeat.com reports. Jefferies Financial Group currently has a GBX 15 price objective on the oil and gas development company’s stock.

ENQ has been the topic of several other reports. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 20 target price on shares of EnQuest in a report on Thursday, November 13th. Shore Capital Group reiterated a “buy” rating and issued a GBX 28 price objective on shares of EnQuest in a research report on Monday, November 10th. Finally, Peel Hunt restated a “buy” rating and set a GBX 24 target price on shares of EnQuest in a report on Monday, November 10th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 21.75.

EnQuest Price Performance

LON:ENQ opened at GBX 12.66 on Wednesday. The company has a quick ratio of 0.75, a current ratio of 0.76 and a debt-to-equity ratio of 208.00. The firm has a market cap of £235.36 million, a PE ratio of -2.11, a price-to-earnings-growth ratio of 0.07 and a beta of 1.43. EnQuest has a 12 month low of GBX 9.72 and a 12 month high of GBX 16.60. The company’s 50-day moving average price is GBX 10.95 and its two-hundred day moving average price is GBX 11.59.

EnQuest Company Profile

EnQuest is providing creative solutions through the energy transition.

EnQuest is an independent energy company. We focus on mature late-life assets, responsibly optimising production to provide energy security. Where we can, we repurpose our infrastructure to deliver renewable energy and decarbonisation projects before executing world-class decommissioning.

Shares in the Company trade on the London Stock Exchange (ENQ.L).