Shares of Enquest Plc (LON:ENQ) have been assigned a consensus recommendation of “Hold” from the eight analysts that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 31.43 ($0.41).

ENQ has been the subject of several research analyst reports. Barclays PLC reaffirmed an “underweight” rating and issued a GBX 35 ($0.46) price target on shares of Enquest Plc in a research note on Friday, July 21st. Macquarie reaffirmed an “underperform” rating and issued a GBX 7 ($0.09) price target on shares of Enquest Plc in a research note on Tuesday, September 12th. Jefferies Group LLC cut shares of Enquest Plc to a “hold” rating and reduced their price objective for the company from GBX 64 ($0.84) to GBX 30 ($0.40) in a report on Tuesday, August 29th. Finally, J P Morgan Chase & Co reduced their price objective on shares of Enquest Plc from GBX 50 ($0.66) to GBX 41 ($0.54) and set a “neutral” rating for the company in a report on Friday, September 8th.

Shares of Enquest Plc (LON:ENQ) traded up 3.96% during trading on Wednesday, reaching GBX 26.25. 2,459,990 shares of the company were exchanged. Enquest Plc has a 52-week low of GBX 22.50 and a 52-week high of GBX 56.00. The stock’s 50-day moving average is GBX 26.13 and its 200-day moving average is GBX 31.52. The firm’s market cap is GBX 295.76 million.

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In related news, insider Jonathan Swinney sold 121,102 shares of the business’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of GBX 25 ($0.33), for a total transaction of £30,275.50 ($39,951.83).

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.

Analyst Recommendations for Enquest Plc (LON:ENQ)

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