Serica Energy Plc (LON:SQZ) had its price target lowered by analysts at Peel Hunt from GBX 32 ($0.42) to GBX 30 ($0.39) in a research report issued to clients and investors on Friday. The brokerage presently has a “buy” rating on the stock. Peel Hunt’s target price suggests a potential upside of 12.15% from the company’s current price.
Shares of Serica Energy Plc (SQZ) opened at 26.75 on Friday. Serica Energy Plc has a one year low of GBX 12.22 and a one year high of GBX 34.00. The company’s market capitalization is GBX 70.53 million. The company has a 50-day moving average price of GBX 28.57 and a 200 day moving average price of GBX 26.29.
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Serica Energy Plc Company Profile
Serica Energy plc is a United Kingdom-based oil and gas company. The Company has exploration and development activities based in the United Kingdom, Ireland, Namibia and Morocco, and an economic interest in an oilfield offshore Norway. The Company’s segments include UK, Ireland and Africa. It holds licenses in the Central North Sea and the East Irish Sea, which includes the Columbus Field.
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