Enquest Plc (ENQ) Receives “Underweight” Rating from Barclays PLC
Barclays PLC restated their underweight rating on shares of Enquest Plc (LON:ENQ) in a report published on Friday. The brokerage currently has a GBX 35 ($0.46) price target on the oil and gas development company’s stock.
A number of other brokerages have also weighed in on ENQ. GMP Securities reaffirmed a speculative buy rating on shares of Enquest Plc in a report on Thursday, May 25th. Jefferies Group LLC reaffirmed a buy rating and issued a GBX 64 ($0.84) price objective on shares of Enquest Plc in a report on Wednesday, May 17th. J P Morgan Chase & Co reaffirmed a neutral rating and issued a GBX 50 ($0.65) price objective on shares of Enquest Plc in a report on Wednesday, May 17th. Finally, Macquarie lowered their price objective on Enquest Plc from GBX 30 ($0.39) to GBX 10 ($0.13) and set an underperform rating on the stock in a report on Wednesday, June 21st. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. Enquest Plc presently has a consensus rating of Hold and an average target price of GBX 41 ($0.54).
Enquest Plc (LON ENQ) traded down 5.26% during trading on Friday, reaching GBX 31.50. The company had a trading volume of 1,209,029 shares. Enquest Plc has a 1-year low of GBX 22.00 and a 1-year high of GBX 56.00. The stock’s market capitalization is GBX 354.64 million. The firm has a 50-day moving average of GBX 31.57 and a 200-day moving average of GBX 40.92.
ILLEGAL ACTIVITY NOTICE: “Enquest Plc (ENQ) Receives “Underweight” Rating from Barclays PLC” was reported by Daily Political and is the sole property of of Daily Political. If you are accessing this story on another website, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this story can be viewed at https://www.dailypolitical.com/2017/07/22/enquest-plc-enq-receives-underweight-rating-from-barclays-plc.html.
Enquest Plc Company Profile
EnQuest PLC is a United Kingdom-based oil and gas development and production company. The Company’s principal activities are the exploration for, and extraction and production of, hydrocarbons in the United Kingdom Continental Shelf and Malaysia. The Company focuses on maturing assets and undeveloped oil fields.
Receive News & Ratings for Enquest Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enquest Plc and related companies with MarketBeat.com's FREE daily email newsletter.