SOCO International plc (SIA) Set to Announce Quarterly Earnings on Thursday

SOCO International plc (LON:SIA) will release its earnings data before the market opens on Thursday, March 23rd.

SOCO International plc (LON:SIA) opened at 140.75 on Tuesday. SOCO International plc has a one year low of GBX 115.00 and a one year high of GBX 168.26. The company’s market cap is GBX 463.35 million. The company’s 50 day moving average price is GBX 140.01 and its 200-day moving average price is GBX 143.01.

A number of equities analysts recently issued reports on SIA shares. Barclays PLC boosted their price objective on SOCO International plc from GBX 140 ($1.73) to GBX 155 ($1.91) and gave the company an “underweight” rating in a report on Monday, December 5th. Peel Hunt restated a “buy” rating and set a GBX 180 ($2.22) price objective on shares of SOCO International plc in a report on Thursday, February 16th. Numis Securities Ltd restated a “hold” rating on shares of SOCO International plc in a report on Thursday, December 1st. Macquarie dropped their price objective on SOCO International plc from GBX 158 ($1.95) to GBX 148 ($1.83) and set a “neutral” rating for the company in a report on Thursday, January 5th. Finally, Jefferies Group LLC restated a “buy” rating and set a GBX 195 ($2.41) price objective on shares of SOCO International plc in a report on Monday, January 9th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 159.86 ($1.97).

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About SOCO International plc

SOCO International plc (SOCO) is an oil and gas exploration and production company. The Company’s segments include South East Asia and Africa. It has field development and production interests in Vietnam, and exploration and appraisal interests in the Republic of Congo (Brazzaville) and Angola. In Vietnam, SOCO’s Block 16-1 and Block 9-2 include the Te Giac Trang and Ca Ngu Vang Fields, which are located in shallow water in the Cuu Long Basin, near the Bach Ho Field.

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