Enquest (ENQ) Receives Equal weight Rating from Barclays
ENQ has been the topic of a number of other reports. Royal Bank of Canada raised shares of Enquest to an outperform rating and set a GBX 53 ($0.69) target price on the stock in a research report on Friday, September 7th. JPMorgan Chase & Co. upped their target price on shares of Enquest from GBX 41 ($0.54) to GBX 44 ($0.57) and gave the stock a neutral rating in a research report on Thursday, July 12th. Finally, Jefferies Financial Group upped their target price on shares of Enquest from GBX 27 ($0.35) to GBX 35 ($0.46) and gave the stock a hold rating in a research report on Tuesday, June 12th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of GBX 41.40 ($0.54).
LON:ENQ opened at GBX 31.50 ($0.41) on Wednesday. Enquest has a 1-year low of GBX 22.50 ($0.29) and a 1-year high of GBX 47.25 ($0.62).
EnQuest PLC, an oil and gas development and production company, together with its subsidiaries, explores for, extracts, and produces hydrocarbons in the United Kingdom Continental Shelf and Malaysia. The company operates through North Sea and Malaysia segments. It primarily holds interests in the Thistle/Deveron, Heather/Broom, the Dons area, Magnus, the Greater Kittiwake Area, Scolty/Crathes, and Alma/Galia; and in the Kraken development, and a non-operated interest in the Alba producing oil field, as well as the PM8/Seligi production sharing contract and the Tanjong Baram risk services contract in Malaysia.
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