Genel Energy (LON:GENL)‘s stock had its “overweight” rating reissued by research analysts at JPMorgan Chase & Co. in a research report issued on Wednesday.
Several other brokerages have also issued reports on GENL. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 320 ($4.14) target price on shares of Genel Energy in a research report on Wednesday. Numis Securities lowered Genel Energy to an “add” rating in a research report on Friday, June 22nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 199.14 ($2.58).
Shares of Genel Energy opened at GBX 275 ($3.56) on Wednesday, Marketbeat Ratings reports. Genel Energy has a 52-week low of GBX 54.50 ($0.71) and a 52-week high of GBX 166.50 ($2.16).
About Genel Energy
Genel Energy plc engages in the oil and gas exploration and production activities. It operates through three segments: Oil producing Assets, Miran and Bina Bawi Assets, and Exploration Assets. The company holds interests in the Taq Taq and Tawke oil producing fields, as well as Miran and Bina Bawi gas assets in the Kurdistan Region of Iraq; and exploration assets in Somaliland and Morocco.
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