Geopark (GPRK) Upgraded to Buy at ValuEngine

ValuEngine upgraded shares of Geopark (NYSE:GPRK) from a hold rating to a buy rating in a research note published on Friday morning.

Other equities research analysts also recently issued research reports about the company. Canaccord Genuity set a $13.00 price target on Geopark and gave the stock a buy rating in a report on Friday, March 2nd. Zacks Investment Research upgraded Geopark from a sell rating to a buy rating and set a $11.00 price target for the company in a report on Tuesday, March 13th. GMP Securities reiterated a buy rating and set a $20.00 price target on shares of Geopark in a report on Friday, March 9th. Finally, Scotiabank upped their price target on Geopark from $13.00 to $14.00 and gave the stock an outperform rating in a report on Tuesday, February 6th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus price target of $13.71.

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NYSE GPRK opened at $13.20 on Friday. The company has a market cap of $779.23, a PE ratio of -42.58 and a beta of -0.04. Geopark has a 52 week low of $6.48 and a 52 week high of $13.49. The company has a quick ratio of 1.26, a current ratio of 1.29 and a debt-to-equity ratio of 3.30.

Geopark (NYSE:GPRK) last released its quarterly earnings data on Thursday, March 8th. The oil and gas company reported ($0.07) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by ($0.41). Geopark had a negative net margin of 7.35% and a negative return on equity of 13.62%. The firm had revenue of $106.30 million for the quarter, compared to the consensus estimate of $100.00 million. equities analysts anticipate that Geopark will post 1.21 earnings per share for the current fiscal year.

Institutional investors have recently made changes to their positions in the stock. Citadel Advisors LLC bought a new stake in Geopark during the fourth quarter worth $121,000. Goldman Sachs Group Inc. bought a new stake in Geopark during the fourth quarter worth $211,000. C WorldWide Group Holding A S bought a new stake in Geopark during the fourth quarter worth $504,000. Two Sigma Investments LP boosted its position in Geopark by 40.4% in the fourth quarter. Two Sigma Investments LP now owns 56,654 shares of the oil and gas company’s stock worth $561,000 after purchasing an additional 16,292 shares during the last quarter. Finally, Royce & Associates LP purchased a new position in Geopark in the third quarter worth $657,000. Institutional investors and hedge funds own 19.52% of the company’s stock.

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Geopark Company Profile

GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Peru, and Argentina. As of December 31, 2016, the company had working and/or economic interests in 26 hydrocarbons blocks, as well as shallow-offshore concession in Brazil that includes the Manati Field.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Geopark (NYSE:GPRK)

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