Rockhopper Exploration Plc (RKH) Receives GBX 77.80 Average Price Target from Analysts
Rockhopper Exploration Plc (LON:RKH) has earned a consensus rating of “Buy” from the six ratings firms that are covering the company. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 77.80 ($0.96).
RKH has been the topic of several analyst reports. Liberum Capital lifted their price target on Rockhopper Exploration Plc from GBX 115 ($1.42) to GBX 123 ($1.52) and gave the stock a “buy” rating in a report on Wednesday, June 29th. Canaccord Genuity lifted their price target on Rockhopper Exploration Plc from GBX 75 ($0.93) to GBX 80 ($0.99) and gave the stock a “speculative buy” rating in a report on Wednesday, August 17th. Finally, Macquarie reiterated a “neutral” rating and set a GBX 30 ($0.37) price target on shares of Rockhopper Exploration Plc in a report on Friday, September 9th.
Rockhopper Exploration Plc (LON:RKH) opened at 27.42 on Wednesday. The firm’s 50-day moving average is GBX 28.97 and its 200 day moving average is GBX 32.16. The company’s market capitalization is GBX 120.25 million. Rockhopper Exploration Plc has a one year low of GBX 24.00 and a one year high of GBX 43.73.
About Rockhopper Exploration Plc
Rockhopper Exploration plc is an oil and gas exploration and production company. The Company is engaged in the exploration and exploitation of its oil and gas acreage. The Company operates through three segments, which include the oil and gas exploration activities in the geographical regions of the Falkland Islands, and the Greater Mediterranean region, as well as its corporate activities centered in the United Kingdom.
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