Gulf Keystone Petroleum Limited (LON:GKP) had its target price reduced by Peel Hunt from GBX 250 ($3.26) to GBX 230 ($3.00) in a report published on Friday morning. They currently have a buy rating on the oil production company’s stock.
Separately, Canaccord Genuity dropped their price objective on Gulf Keystone Petroleum Limited to GBX 260 ($3.40) and set a buy rating for the company in a research note on Friday, April 7th.
Shares of Gulf Keystone Petroleum Limited (GKP) traded up 0.27% during mid-day trading on Friday, hitting GBX 92.25. The stock had a trading volume of 14,540 shares. The company’s market cap is GBX 211.46 million. Gulf Keystone Petroleum Limited has a 52-week low of GBX 91.07 and a 52-week high of GBX 538.19. The stock has a 50 day moving average price of GBX 101.85 and a 200-day moving average price of GBX 117.77.
Gulf Keystone Petroleum Limited Company Profile
Gulf Keystone Petroleum Limited (Gulf Keystone) is a holding company, which is engaged in the oil and gas exploration and production. The Company operates in the Kurdistan Region of Iraq. It operates through segments, including Kurdistan Region of Iraq and United Kingdom. The Kurdistan Region of Iraq segment consists of the Shaikan, Ber Bahr blocks and the Erbil office, which provides support to the operations in Kurdistan.
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