Rockhopper Exploration Plc (RKH) Earns “Buy” Rating from Peel Hunt

Peel Hunt reiterated their buy rating on shares of Rockhopper Exploration Plc (LON:RKH) in a report issued on Monday morning. The brokerage currently has a GBX 40 ($0.53) target price on the stock.

Separately, Royal Bank Of Canada began coverage on Rockhopper Exploration Plc in a report on Tuesday, July 25th. They set a sector performer rating and a GBX 30 ($0.40) price objective for the company.

Rockhopper Exploration Plc (LON:RKH) opened at 24.25 on Monday. Rockhopper Exploration Plc has a 12 month low of GBX 17.75 and a 12 month high of GBX 30.00. The firm’s market capitalization is GBX 110.04 million. The company’s 50-day moving average price is GBX 22.18 and its 200 day moving average price is GBX 21.36.

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Rockhopper Exploration Plc Company Profile

Rockhopper Exploration plc is an oil and gas exploration and production company. The Company is engaged in the exploration and exploitation of its oil and gas acreage. The Company operates through three segments, which include the oil and gas exploration activities in the geographical regions of the Falkland Islands, and the Greater Mediterranean region, as well as its corporate activities centered in the United Kingdom.

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