Genel Energy PLC (LON:GENL) had its target price boosted by stock analysts at Deutsche Bank AG from GBX 154 ($2.03) to GBX 160 ($2.10) in a research report issued to clients and investors on Monday. The brokerage presently has a “hold” rating on the stock. Deutsche Bank AG’s price objective indicates a potential upside of 41.91% from the company’s current price.
GENL has been the topic of a number of other reports. Barclays PLC reiterated an “underweight” rating and set a GBX 90 ($1.18) target price on shares of Genel Energy PLC in a report on Wednesday, August 2nd. J P Morgan Chase & Co reiterated an “overweight” rating and set a GBX 109 ($1.43) target price on shares of Genel Energy PLC in a report on Friday, October 20th. Numis Securities Ltd reiterated a “buy” rating on shares of Genel Energy PLC in a report on Wednesday, October 11th. Finally, Jefferies Group LLC increased their target price on shares of Genel Energy PLC from GBX 37 ($0.49) to GBX 58 ($0.76) and gave the stock an “underperform” rating in a report on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 114.78 ($1.51).
Shares of Genel Energy PLC (LON:GENL) opened at GBX 112.75 ($1.48) on Monday. Genel Energy PLC has a fifty-two week low of GBX 54.50 ($0.72) and a fifty-two week high of GBX 166.50 ($2.19).
Genel Energy PLC Company Profile
Genel Energy Plc is a holding company. The Company is engaged in the business of oil and gas exploration and production in the Kurdistan Region of Iraq (KRI). The Company’s segments include Kurdistan and Africa. The Company has interests in approximately two producing fields in the Kurdistan Region of Iraq, Taq Taq and Tawke, with access to local and international markets.
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