Equities research analysts at JPMorgan Chase boosted their price target on shares of Genel Energy (LON: GENL) from $14.25 (940 GBX) to $14.66 (967 GBX) in a research note issued to investors on Friday. The firm currently has a “neutral” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Citigroup reiterated a “neutral” rating on shares of Genel Energy in a research note to investors on Friday. They now have a $13.43 price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Genel Energy in a research note to investors on Thursday. Finally, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Genel Energy in a research note to investors on Thursday.
Shares of Genel Energy traded up 4.05% during mid-day trading on Friday, hitting GBX 770.00. Genel Energy has a 52 week low of GBX 586.00 and a 52 week high of GBX 882.93. The stock’s 50-day moving average is currently GBX 731.7.
Genel Energy plc, formerly Vallares PLC, is an exploration and production company. It is an independent oil producer in the Kurdistan Region of Iraq.
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