SOCO International (SIA) PT Lowered to GBX 120 at Peel Hunt

SOCO International (LON:SIA) had its target price decreased by Peel Hunt from GBX 130 ($1.80) to GBX 120 ($1.66) in a research note released on Friday morning. Peel Hunt currently has a hold rating on the stock.

Separately, Jefferies Group reaffirmed a buy rating and issued a GBX 150 ($2.07) price target on shares of SOCO International in a report on Wednesday, December 20th. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of GBX 128 ($1.77).

How to Become a New Pot Stock Millionaire

Shares of SOCO International (LON:SIA) opened at GBX 93.80 ($1.30) on Friday. SOCO International has a 1-year low of GBX 87.15 ($1.20) and a 1-year high of GBX 150 ($2.07). The firm has a market capitalization of $347.20 and a PE ratio of -3,126.67.

The firm also recently declared a dividend, which will be paid on Friday, June 15th. Shareholders of record on Thursday, May 24th will be issued a GBX 5.25 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, May 24th. This represents a dividend yield of 5.55%. This is a boost from SOCO International’s previous dividend of $5.00.

In other news, insider Mike J. Watts acquired 7,305 shares of the firm’s stock in a transaction that occurred on Friday, January 26th. The shares were bought at an average cost of GBX 118 ($1.63) per share, with a total value of £8,619.90 ($11,909.23). Also, insider Mike J. Watts acquired 8,830 shares of the firm’s stock in a transaction that occurred on Tuesday, February 27th. The shares were purchased at an average cost of GBX 98 ($1.35) per share, for a total transaction of £8,653.40 ($11,955.51).

ILLEGAL ACTIVITY WARNING: “SOCO International (SIA) PT Lowered to GBX 120 at Peel Hunt” was first posted by Ticker Report and is the sole property of of Ticker Report. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark law. The correct version of this news story can be viewed at https://www.tickerreport.com/banking-finance/3301471/soco-international-sia-pt-lowered-to-gbx-120-at-peel-hunt.html.

SOCO International Company Profile

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.

Analyst Recommendations for SOCO International (LON:SIA)

Receive News & Ratings for SOCO International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SOCO International and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Renold  Reaches New 52-Week Low at $23.40
Renold Reaches New 52-Week Low at $23.40
Alliance Pharma  Reaches New 1-Year High at $79.00
Alliance Pharma Reaches New 1-Year High at $79.00
Genocea Biosciences  Set to Announce Quarterly Earnings on Wednesday
Genocea Biosciences Set to Announce Quarterly Earnings on Wednesday
Allscripts  Set to Announce Earnings on Wednesday
Allscripts Set to Announce Earnings on Wednesday
Terex  to Release Earnings on Wednesday
Terex to Release Earnings on Wednesday
Marathon Oil  Scheduled to Post Quarterly Earnings on Wednesday
Marathon Oil Scheduled to Post Quarterly Earnings on Wednesday


© 2006-2018 Ticker Report. Google+.