Sterling Energy (SEY) Stock Rating Reaffirmed by Peel Hunt

Sterling Energy (LON:SEY)‘s stock had its “buy” rating reissued by stock analysts at Peel Hunt in a research note issued on Thursday. They currently have a GBX 16 ($0.22) price target on the oil and gas exploration company’s stock. Peel Hunt’s target price points to a potential upside of 18.52% from the company’s previous close.

Shares of Sterling Energy stock opened at GBX 13.50 ($0.19) on Thursday. Sterling Energy has a 12-month low of GBX 12.75 ($0.18) and a 12-month high of GBX 16 ($0.22). The company has a market capitalization of $29.49 and a PE ratio of -1,350.00.

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About Sterling Energy

Sterling Energy plc is an upstream oil and gas company, which is focused primarily on material exploration opportunities in Africa. The Company is engaged in the exploration, development and production of commercial oil and gas. The Company operates in the Africa segment. The Africa segment includes its exploration and development activities.

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