BowLeven PLC (BLVN) Cut to Underweight at Barclays PLC
Barclays PLC lowered shares of BowLeven PLC (LON:BLVN) to an underweight rating in a research report report published on Thursday morning. Barclays PLC currently has GBX 34 ($0.42) price objective on the stock, up from their previous price objective of GBX 32 ($0.40).
BLVN has been the topic of a number of other research reports. Shore Capital reaffirmed a buy rating on shares of BowLeven PLC in a research report on Wednesday, March 1st. Macquarie reaffirmed an outperform rating and set a GBX 49 ($0.61) price objective on shares of BowLeven PLC in a research report on Thursday, January 5th.
Shares of BowLeven PLC (LON:BLVN) opened at 35.50 on Thursday. The company’s market cap is GBX 116.08 million. BowLeven PLC has a 12 month low of GBX 19.04 and a 12 month high of GBX 37.64. The firm’s 50-day moving average price is GBX 32.78 and its 200 day moving average price is GBX 26.84.
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About BowLeven PLC
Bowleven plc is an oil and gas company. The Company is focused on Africa where it holds a combination of development and exploration interests. Its segments include Africa and Other. The Company’s Africa operations focus on exploration and appraisal activities in Cameroon and Kenya. It operates in Cameroon through its subsidiary, EurOil Ltd, which is an indigenous Cameroon company.
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