Analysts Set Geopark Ltd (GPRK) PT at $11.75

Geopark Ltd (NYSE:GPRK) has earned a consensus rating of “Buy” from the eleven research firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $11.75.

GPRK has been the subject of several analyst reports. GMP Securities restated a “buy” rating on shares of Geopark in a research report on Friday, August 18th. Canaccord Genuity initiated coverage on Geopark in a research report on Thursday, September 21st. They set a “buy” rating and a $11.50 target price for the company. Zacks Investment Research upgraded Geopark from a “sell” rating to a “hold” rating in a research report on Tuesday, October 17th. Scotiabank boosted their target price on Geopark from $10.00 to $10.50 and gave the stock an “outperform” rating in a research report on Thursday, November 16th. Finally, TheStreet lowered Geopark from a “c-” rating to a “d+” rating in a research report on Wednesday, November 29th.

Several institutional investors have recently bought and sold shares of GPRK. AJO LP acquired a new position in shares of Geopark during the 2nd quarter worth about $2,617,000. Victory Capital Management Inc. lifted its holdings in shares of Geopark by 1,202.0% during the 3rd quarter. Victory Capital Management Inc. now owns 291,683 shares of the oil and gas company’s stock valued at $2,555,000 after purchasing an additional 269,281 shares in the last quarter. Boston Partners lifted its holdings in shares of Geopark by 542.6% during the 2nd quarter. Boston Partners now owns 164,246 shares of the oil and gas company’s stock valued at $1,240,000 after purchasing an additional 138,688 shares in the last quarter. Macquarie Group Ltd. bought a new position in shares of Geopark during the 3rd quarter valued at about $1,108,000. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of Geopark during the 2nd quarter valued at about $635,000. Institutional investors own 19.12% of the company’s stock.

Shares of Geopark (NYSE GPRK) traded down $0.18 during mid-day trading on Monday, reaching $8.60. The company had a trading volume of 80,124 shares, compared to its average volume of 113,618. The company has a debt-to-equity ratio of 3.20, a current ratio of 1.80 and a quick ratio of 1.75. Geopark has a 1 year low of $4.04 and a 1 year high of $9.98.

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About Geopark

GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Peru, and Argentina. As of December 31, 2016, the company had working and/or economic interests in 26 hydrocarbons blocks, as well as shallow-offshore concession in Brazil that includes the Manati Field.

Analyst Recommendations for Geopark (NYSE:GPRK)

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