Analyst Activity – Canaccord Genuity Raises Its Price Target On Genel Energy PLC (LON:GENL) to GBX 80

ME Staff
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Analyst Ratings For Genel Energy PLC (LON:GENL)

Today, Canaccord Genuity raised its price target on Genel Energy PLC (LON:GENL) to GBX 80 per share.

There are 3 sell ratings, 7 hold ratings, 3 buy ratings on the stock.

The current consensus rating on Genel Energy PLC (LON:GENL) is Hold (Score: 2.00) with a consensus target price of GBX 110.47 per share, a potential .

Some recent analyst ratings include

  • 2/14/2017-J P Morgan Chase & Co Reiterated Rating of Overweight.
  • 2/13/2017-Numis Securities Ltd Reiterated Rating of Buy.
  • 2/3/2017-Macquarie was Downgraded by analysts at Macquarie from a “Underperform” rating to a “” rating. They now have a GBX 41 price target on the stock, up previously from GBX 124 .
  • 1/23/2017-GMP Securities Reiterated Rating of Speculative Buy.
  • 1/9/2017-Jefferies Group LLC was Downgraded by analysts at Jefferies Group LLC from a “Underperform” rating to a “” rating. They now have a GBX 76 price target on the stock, up previously from GBX 78 .


    About Genel Energy PLC (LON:GENL)
    Genel Energy Plc is a holding company. The Company is engaged in the business of oil and gas exploration and production in the Kurdistan Region of Iraq (KRI). The Company’s segments include Kurdistan and Africa. The Company has interests in approximately two producing fields in the Kurdistan Region of Iraq, Taq Taq and Tawke, with access to local and international markets. Its fields have an estimated gross proven and probable (2P) reserves of approximately 800 million barrels of oil, and gross proven, probable and possible reserves of approximately 1.2 billion barrels of oil. Its Taq Taq license area is located approximately 60 kilometers northeast of the Kirkuk oil field and the adjacent city of Kirkuk, over 85 kilometers southeast of the city of Erbil and over 120 kilometers northwest of the city of Sulaimaniah. The gross area of the Taq Taq license area is approximately 950 square kilometers. Its Bina Bawi field is located approximately 300 kilometers from Turkey.

    Recent Trading Activity for Genel Energy PLC (LON:GENL)
    Shares of Genel Energy PLC closed the previous trading session at 82.00 up +0.50 0.61% with 1,954,534 shares trading hands.