Genel Energy plc (LON:GENL – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 55.56 and traded as low as GBX 50.30. Genel Energy shares last traded at GBX 51.80, with a volume of 187,120 shares traded.
Analysts Set New Price Targets
Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 90 target price on shares of Genel Energy in a report on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 85.
View Our Latest Stock Report on GENL
Genel Energy Price Performance
About Genel Energy
Genel Energy is a socially responsible oil producer with a low-cost and low-carbon production asset in the Kurdistan Region of Iraq and exploration assets in Oman, Morocco and Somaliland and listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). Genel’s strategy is designed to build a business with resilient and diversified cash flows that delivers sustainable value to shareholders, and with the aim of restarting the payment of a regular dividend.
Further Reading
- Five stocks we like better than Genel Energy
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
Receive News & Ratings for Genel Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genel Energy and related companies with MarketBeat.com's FREE daily email newsletter.
