Soco International Rating Reiterated by Bank of America (SIA)
A number of other analysts have also recently weighed in on SIA. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Soco International in a research note to investors on Monday. They now have a $6.96 price target on the stock. Separately, analysts at JP Morgan Cazenove reiterated a “neutral” rating on shares of Soco International in a research note to investors on Friday. They now have a $6.28 price target on the stock. Finally, analysts at BNP Paribas cut their price target on shares of Soco International from $6.29 to $6.06 in a research note to investors on Thursday, February 14th. They now have a “neutral” rating on the stock.
Shares of Soco International opened at 385.00 on Monday. Soco International has a one year low of GBX 252.50 and a one year high of GBX 407.60. The stock’s 50-day moving average is currently GBX 338.0. The company’s market cap is £1.281 billion.
SOCO International plc is an international oil and gas exploration and production company. The Company has oil and gas interests in Vietnam, which includes Block 9-2 and Block 16-1; Republic of Congo (Brazzaville), which includes Marine XI Block and Marine XIV Block, the Democratic Republic of Congo (Kinshasa), consists of Nganzi block and Block V and Angola, which include Cabinda Onshore North Block.
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