Research analysts at Peel Hunt initiated coverage on shares of Energean Oil & Gas (LON:ENOG) in a research note issued on Thursday. The firm set a “buy” rating and a GBX 850 ($11.11) price target on the stock. Peel Hunt’s target price would indicate a potential upside of 14.88% from the company’s previous close.
Separately, Morgan Stanley boosted their price target on Energean Oil & Gas from GBX 700 ($9.15) to GBX 850 ($11.11) and gave the stock an “overweight” rating in a research report on Tuesday, January 15th.
Shares of ENOG stock opened at GBX 739.90 ($9.67) on Thursday.
Energean Oil & Gas plc operates as an independent oil and gas exploration and production company. The company focuses on the exploration, development, and production of oil and gas. It operates through five segments: Greece, Israel, Egypt, Montenegro, and New Ventures. The company holds 13 licenses in the Eastern Mediterranean.
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