EnQuest (LON:ENQ) had its target price hoisted by Barclays from GBX 23 ($0.32) to GBX 24 ($0.33) in a research note published on Wednesday morning. They currently have an underweight rating on the oil and gas development company’s stock.
Other equities research analysts also recently issued research reports about the company. Jefferies Group boosted their price objective on EnQuest from GBX 23 ($0.32) to GBX 27 ($0.37) and gave the company a hold rating in a report on Wednesday, December 20th. Whitman Howard reiterated a hold rating on shares of EnQuest in a report on Wednesday, January 24th. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of GBX 24.75 ($0.34).
Shares of ENQ stock opened at GBX 32.55 ($0.45) on Wednesday. The stock has a market capitalization of $354.64 and a price-to-earnings ratio of 651.00. EnQuest has a 1-year low of GBX 22.50 ($0.31) and a 1-year high of GBX 47.25 ($0.65).
EnQuest Company Profile
EnQuest PLC, together with its subsidiaries, explores for, extracts, and produces hydrocarbons in the United Kingdom Continental Shelf and Malaysia. It primarily holds interests in the Heather/Broom, Thistle/Deveron, the Dons area, the Greater Kittiwake Area, Alma/Galia, and Scolty/Crathes; and in the Kraken development, and a non-operated interest in the producing Alba oil field, as well as the PM8/Seligi production sharing contract and the Tanjong Baram risk services contract in Malaysia.
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