Enquest Plc (ENQ) Receives Average Rating of “Hold” from Brokerages
Enquest Plc (LON:ENQ) has received a consensus recommendation of “Hold” from the nine analysts that are currently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 41 ($0.53).
A number of equities research analysts have recently issued reports on the stock. GMP Securities restated a “speculative buy” rating on shares of Enquest Plc in a research note on Thursday, May 25th. Jefferies Group LLC reiterated a “buy” rating and set a GBX 64 ($0.83) price objective on shares of Enquest Plc in a research note on Wednesday, May 17th. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 50 ($0.65) price objective on shares of Enquest Plc in a research note on Wednesday, May 17th. Barclays PLC reiterated an “underweight” rating and set a GBX 35 ($0.46) price objective on shares of Enquest Plc in a research note on Friday, July 21st. Finally, Macquarie dropped their price objective on shares of Enquest Plc from GBX 30 ($0.39) to GBX 10 ($0.13) and set an “underperform” rating on the stock in a research note on Wednesday, June 21st.
WARNING: This piece was originally reported by Daily Political and is owned by of Daily Political. If you are reading this piece on another domain, it was illegally copied and reposted in violation of U.S. and international copyright & trademark law. The correct version of this piece can be viewed at https://www.dailypolitical.com/2017/08/11/enquest-plc-enq-receives-average-rating-of-hold-from-brokerages.html.
Enquest Plc (ENQ) traded down 1.53% during mid-day trading on Friday, reaching GBX 32.25. The company’s stock had a trading volume of 1,304,156 shares. The stock’s market capitalization is GBX 363.08 million. The stock’s 50 day moving average price is GBX 32.10 and its 200 day moving average price is GBX 38.95. Enquest Plc has a 1-year low of GBX 23.00 and a 1-year high of GBX 56.00.
About Enquest Plc
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.