Salamander Energy Stock Rating Reaffirmed by RBC Capital (SMDR)
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity downgraded shares of Salamander Energy from a “buy” rating to a “hold” rating in a research note to investors on Monday. Separately, analysts at Investec Securities reiterated a “buy” rating on shares of Salamander Energy in a research note to investors on Thursday, March 14th. They now have a $3.73 price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Salamander Energy in a research note to investors on Thursday, March 14th.
One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $4.25 (282 GBX).
Shares of Salamander Energy (LON: SMDR) opened at 204.30 on Tuesday. Salamander Energy has a one year low of GBX 155.60 and a one year high of GBX 214.20. The stock’s 50-day moving average is currently GBX 198.8. The company’s market cap is £525.0 million.
Salamander Energy PLC is a holding company. The Company is engaged in oil and gas exploration, development and production, which focuses on building a portfolio of assets in Asia.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.