Shares of Enquest Plc (LON:ENQ) have received an average recommendation of “Hold” from the ten analysts that are covering the company. Four investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is GBX 41.14 ($0.52).
Several analysts have issued reports on the stock. Macquarie decreased their price objective on shares of Enquest Plc from GBX 80 ($1.01) to GBX 79 ($0.99) and set an “outperform” rating for the company in a research note on Thursday, January 5th. Barclays PLC reissued an “underweight” rating and issued a GBX 53 ($0.67) price objective on shares of Enquest Plc in a research note on Thursday, February 9th. Jefferies Group LLC raised shares of Enquest Plc to a “buy” rating and raised their price objective for the stock from GBX 31 ($0.39) to GBX 64 ($0.81) in a research note on Monday, January 9th. GMP Securities reissued a “speculative buy” rating on shares of Enquest Plc in a research note on Wednesday, January 25th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Enquest Plc in a research note on Wednesday, March 22nd.
COPYRIGHT VIOLATION NOTICE: “Analysts Set Enquest Plc (ENQ) PT at $43.00” was first reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States and international trademark & copyright laws. The legal version of this article can be read at https://www.chaffeybreeze.com/2017/04/21/brokerages-set-enquest-plc-enq-pt-at-43-00-updated.html.
In related news, insider Carl Hughes purchased 20,000 shares of the firm’s stock in a transaction dated Thursday, January 26th. The stock was purchased at an average price of GBX 48 ($0.60) per share, with a total value of £9,600 ($12,083.07).
Enquest Plc (LON:ENQ) traded down 3.80% on Tuesday, hitting GBX 38.00. The stock had a trading volume of 5,663,629 shares. Enquest Plc has a 1-year low of GBX 22.00 and a 1-year high of GBX 56.00. The company’s market cap is GBX 427.82 million. The stock has a 50 day moving average price of GBX 43.15 and a 200 day moving average price of GBX 39.77.
About Enquest Plc
EnQuest PLC is a United Kingdom-based oil and gas development and production company. The Company’s principal activities are the exploration for, and extraction and production of, hydrocarbons in the United Kingdom Continental Shelf and Malaysia. The Company focuses on maturing assets and undeveloped oil fields.
Receive News & Ratings for Enquest Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enquest Plc and related companies with MarketBeat.com's FREE daily email newsletter.