EnQuest PLC (LON:ENQ – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 21.72 and traded as high as GBX 27.82. EnQuest shares last traded at GBX 27, with a volume of 45,972,070 shares changing hands.
Analyst Ratings Changes
A number of equities analysts recently weighed in on the stock. Canaccord Genuity Group lowered shares of EnQuest to a “buy” rating and lowered their price target for the stock from GBX 50 to GBX 48 in a research report on Friday, September 4th. Shore Capital Group reiterated a “house stock” rating and issued a GBX 41 price objective on shares of EnQuest in a report on Thursday, September 3rd. JPMorgan Chase & Co. raised their target price on shares of EnQuest from GBX 29 to GBX 35 and gave the stock an “overweight” rating in a research note on Friday, July 3rd. Finally, Jefferies Financial Group restated a “restricted” rating and set a GBX 25 target price on shares of EnQuest in a report on Thursday, June 11th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of GBX 34.60.
Read Our Latest Analysis on EnQuest
EnQuest Trading Down 1.6%
About EnQuest
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).
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