Barclays reiterated their underweight rating on shares of Enquest (LON:ENQ) in a research note published on Tuesday morning. The brokerage currently has a GBX 23 ($0.32) price target on the oil and gas development company’s stock.
A number of other research firms have also commented on ENQ. Jefferies Group upped their price objective on shares of Enquest from GBX 23 ($0.32) to GBX 27 ($0.37) and gave the company a hold rating in a research note on Wednesday, December 20th. Whitman Howard reaffirmed a hold rating on shares of Enquest in a research note on Wednesday, January 24th. Two analysts have rated the stock with a sell rating and four have given a hold rating to the company. The company currently has an average rating of Hold and an average price target of GBX 24.50 ($0.34).
Shares of Enquest (ENQ) opened at GBX 30.85 ($0.43) on Tuesday. Enquest has a 12 month low of GBX 22.50 ($0.31) and a 12 month high of GBX 51 ($0.70). The company has a market cap of $366.14 and a price-to-earnings ratio of 617.00.
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EnQuest PLC is a United Kingdom-based oil and gas development and production company. The Company’s principal activities are the exploration for, and extraction and production of, hydrocarbons in the United Kingdom Continental Shelf and Malaysia. The Company focuses on maturing assets and undeveloped oil fields.
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