Other analysts have also recently issued reports about the company. Numis Securities cut Genel Energy to an add rating in a research note on Friday, June 22nd. Royal Bank of Canada reissued an outperform rating and issued a GBX 320 ($4.14) target price on shares of Genel Energy in a report on Wednesday. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of GBX 199.14 ($2.58).
Shares of Genel Energy opened at GBX 271 ($3.51) on Wednesday, according to MarketBeat Ratings. Genel Energy has a 12-month low of GBX 54.50 ($0.71) and a 12-month high of GBX 166.50 ($2.16).
Genel Energy plc engages in the oil and gas exploration and production activities. It operates through three segments: Oil producing Assets, Miran and Bina Bawi Assets, and Exploration Assets. The company holds interests in the Taq Taq and Tawke oil producing fields, as well as Miran and Bina Bawi gas assets in the Kurdistan Region of Iraq; and exploration assets in Somaliland and Morocco.
See Also: Outstanding Shares
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