Galp Energia SGPS SA Rating Reiterated by AlphaValue (GALP)

Galp Energia SGPS SA (ELI: GALP)‘s stock had its “sell” rating reaffirmed by analysts at AlphaValue in a research report issued to clients and investors on Thursday, StockRatingsNetwork reports. They currently have a €9.66 ($12.55) price objective on the stock.

Galp Energia SGPS SA (ELI: GALP) opened at 12.365 on Thursday. Galp Energia SGPS SA has a 52-week low of €8.33 and a 52-week high of €13.285. The stock’s 50-day moving average is currently €0..

Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Galp Energia SGPS SA in a research note to investors on Thursday, May 23rd. They now have a €19.00 ($24.68) price target on the stock. Separately, analysts at Grupo Santander reiterated a “buy” rating on shares of Galp Energia SGPS SA in a research note to investors on Tuesday, May 21st. They now have a €15.00 ($19.48) price target on the stock. Finally, analysts at BPI reiterated a “buy” rating on shares of Galp Energia SGPS SA in a research note to investors on Monday, May 20th. They now have a €16.80 ($21.82) price target on the stock.

One equities research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company. Galp Energia SGPS SA currently has a consensus rating of “Buy” and a consensus target price of €14.96 ($19.43).

Galp Energia SGPS SA (ELI: GALP) is a Portugal-based holding company engaged in the oil and gas industry.