Genel Energy plc (LON:GENL – Get Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 56.94 and traded as low as GBX 51. Genel Energy shares last traded at GBX 55.80, with a volume of 213,441 shares.
Analyst Ratings Changes
Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 90 price target on shares of Genel Energy in a research report on Friday, May 8th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 85.
Get Our Latest Report on Genel Energy
Genel Energy Stock Down 1.4%
Genel Energy Company Profile
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
- The Great AI Server Rotation Puts Hewlett Packard Enterprise and Super Micro Computer in Focus
- Generac’s AI Power Pivot Raises a Bigger Question About Data Center Demand
- Medtronic Bottoms, Healthy Rebound Ahead
- GitLab’s Price Recovery Gains Traction—Time to Get On Board?
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.
