Shares of Enquest Plc (LON:ENQ) have earned an average rating of “Hold” from the ten brokerages that are presently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 41 ($0.54).
A number of equities research analysts have issued reports on the stock. Barclays PLC reiterated an “underweight” rating and issued a GBX 35 ($0.46) target price on shares of Enquest Plc in a research report on Friday. GMP Securities reiterated a “speculative buy” rating on shares of Enquest Plc in a research report on Thursday, May 25th. Jefferies Group LLC reiterated a “buy” rating and issued a GBX 64 ($0.84) target price on shares of Enquest Plc in a research report on Tuesday, June 27th. J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 50 ($0.65) target price on shares of Enquest Plc in a research report on Wednesday, May 17th. Finally, Macquarie cut their target price on shares of Enquest Plc from GBX 30 ($0.39) to GBX 10 ($0.13) and set an “underperform” rating for the company in a research report on Wednesday, June 21st.
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Shares of Enquest Plc (ENQ) traded down 5.26% during mid-day trading on Monday, hitting GBX 31.50. 1,209,029 shares of the stock traded hands. The stock has a 50-day moving average of GBX 31.57 and a 200-day moving average of GBX 40.92. The company’s market cap is GBX 354.64 million. Enquest Plc has a 52 week low of GBX 22.00 and a 52 week high of GBX 56.00.
Enquest Plc Company Profile
EnQuest PLC is a United Kingdom-based oil and gas development and production company. The Company’s principal activities are the exploration for, and extraction and production of, hydrocarbons in the United Kingdom Continental Shelf and Malaysia. The Company focuses on maturing assets and undeveloped oil fields.
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