Gulf Keystone Petroleum (GKP) Rating Reiterated by Peel Hunt

Gulf Keystone Petroleum (LON:GKP)‘s stock had its “buy” rating reaffirmed by equities research analysts at Peel Hunt in a research report issued to clients and investors on Thursday. They currently have a GBX 270 ($3.73) price target on the oil production company’s stock. Peel Hunt’s price target would suggest a potential upside of 106.11% from the company’s current price.

Gulf Keystone Petroleum stock opened at GBX 131 ($1.81) on Thursday. The stock has a market capitalization of $273.02 and a price-to-earnings ratio of 385.29. Gulf Keystone Petroleum has a 12 month low of GBX 86.25 ($1.19) and a 12 month high of GBX 130.74 ($1.81).

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About Gulf Keystone Petroleum

Gulf Keystone Petroleum Limited (Gulf Keystone) is a holding company, which is engaged in the oil and gas exploration and production. The Company operates in the Kurdistan Region of Iraq. It operates through segments, including Kurdistan Region of Iraq and United Kingdom. The Kurdistan Region of Iraq segment consists of the Shaikan, Ber Bahr blocks and the Erbil office, which provides support to the operations in Kurdistan.

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