SOCO International plc (SIA) Receives GBX 140.50 Consensus Price Target from Analysts
Shares of SOCO International plc (LON:SIA) have been given an average recommendation of “Hold” by the eight analysts that are currently covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 140.50 ($1.83).
SIA has been the topic of several recent analyst reports. Barclays PLC reduced their target price on SOCO International plc from GBX 155 ($2.02) to GBX 140 ($1.82) and set an “equal weight” rating on the stock in a research report on Tuesday, April 11th. J P Morgan Chase & Co increased their target price on SOCO International plc from GBX 138 ($1.80) to GBX 141 ($1.84) and gave the stock an “underweight” rating in a research report on Wednesday, May 17th. Jefferies Group LLC downgraded SOCO International plc to a “hold” rating and reduced their target price for the stock from GBX 195 ($2.54) to GBX 165 ($2.15) in a research report on Wednesday, May 17th. Peel Hunt restated a “buy” rating and set a GBX 160 ($2.08) price target on shares of SOCO International plc in a research note on Friday, June 9th. Finally, Macquarie lowered SOCO International plc to an “underperform” rating and dropped their price target for the stock from GBX 151 ($1.97) to GBX 103 ($1.34) in a research note on Wednesday, June 21st.
TRADEMARK VIOLATION WARNING: This report was posted by Daily Political and is the sole property of of Daily Political. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of United States and international copyright & trademark law. The legal version of this report can be viewed at https://www.dailypolitical.com/2017/08/07/soco-international-plc-sia-receives-gbx-140-50-consensus-price-target-from-analysts.html.
SOCO International plc (LON:SIA) traded down 0.40% during trading on Friday, reaching GBX 123.50. The company’s stock had a trading volume of 50,345 shares. The company’s 50-day moving average is GBX 118.53 and its 200-day moving average is GBX 134.77. SOCO International plc has a 1-year low of GBX 111.25 and a 1-year high of GBX 168.26. The company’s market capitalization is GBX 407.12 million.
SOCO International plc Company Profile
SOCO International plc (SOCO) is an oil and gas exploration and production company. The Company’s segments include South East Asia and Africa. It has field development and production interests in Vietnam, and exploration and appraisal interests in the Republic of Congo (Brazzaville) and Angola. In Vietnam, SOCO’s Block 16-1 and Block 9-2 include the Te Giac Trang and Ca Ngu Vang Fields, which are located in shallow water in the Cuu Long Basin, near the Bach Ho Field.
Receive News & Ratings for SOCO International plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SOCO International plc and related companies with MarketBeat.com's FREE daily email newsletter.