Analysts Set Genel Energy PLC (GENL) Price Target at $111.89

Shares of Genel Energy PLC (LON:GENL) have been given a consensus rating of “Hold” by the nine brokerages that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation and two have issued a buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 111.89 ($1.47).

GENL has been the topic of a number of recent analyst reports. Numis Securities Ltd restated a “buy” rating and set a GBX 135 ($1.78) target price on shares of Genel Energy in a report on Monday, September 11th. Jefferies Group LLC restated a “hold” rating and set a GBX 145 ($1.91) target price on shares of Genel Energy in a report on Wednesday, October 4th. Deutsche Bank AG boosted their target price on shares of Genel Energy from GBX 154 ($2.03) to GBX 160 ($2.10) and gave the stock a “hold” rating in a report on Monday, November 13th. Barclays PLC boosted their target price on shares of Genel Energy from GBX 90 ($1.18) to GBX 155 ($2.04) and gave the stock an “underweight” rating in a report on Thursday, September 14th. Finally, J P Morgan Chase & Co restated an “overweight” rating and set a GBX 109 ($1.43) target price on shares of Genel Energy in a report on Friday, October 20th.

Shares of Genel Energy (LON GENL) traded down GBX 1.50 ($0.02) on Thursday, reaching GBX 106 ($1.39). 336,227 shares of the company were exchanged, compared to its average volume of 1,060,000. Genel Energy has a fifty-two week low of GBX 54.50 ($0.72) and a fifty-two week high of GBX 166.50 ($2.19).

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Genel Energy Company Profile

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.

Analyst Recommendations for Genel Energy (LON:GENL)

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