Valeura Energy (LON:VLU) Receives “Buy” Rating from Canaccord Genuity

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Canaccord Genuity reiterated their buy rating on shares of Valeura Energy (LON:VLU) in a research report sent to investors on Monday, Digital Look reports. The brokerage currently has a GBX 570 ($7.45) price objective on the stock.

VLU opened at GBX 170 ($2.22) on Monday. The company has a current ratio of 4.11, a quick ratio of 4.02 and a debt-to-equity ratio of 0.14. Valeura Energy has a 52 week low of GBX 125 ($1.63) and a 52 week high of GBX 180 ($2.35). The company has a fifty day moving average price of GBX 139.70.

Valeura Energy Company Profile

Valeura Energy Inc, together with its subsidiaries, engages in the exploration, development, and production of petroleum and natural gas in Turkey. As of December 31, 2018, it had interests in 20 exploration licenses and production leases comprising approximately 0.46 million gross acres in the Thrace Basin of Turkey.

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