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Stewart MacDonald Purchases 732 Shares of Rockhopper Exploration Plc (RKH) Stock
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Stewart MacDonald also recently made the following trade(s):
- On Friday, May 26th, Stewart MacDonald acquired 698 shares of Rockhopper Exploration Plc stock. The shares were bought at an average cost of GBX 22 ($0.29) per share, with a total value of £153.56 ($200.05).
Rockhopper Exploration Plc (LON RKH) remained flat at GBX 20.50 during mid-day trading on Friday. 18,298 shares of the company traded hands. Rockhopper Exploration Plc has a 12-month low of GBX 18.64 and a 12-month high of GBX 34.50. The firm’s market capitalization is GBX 93.00 million. The stock’s 50-day moving average price is GBX 20.99 and its 200-day moving average price is GBX 22.57.
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RKH has been the subject of a number of recent research reports. Canaccord Genuity raised Rockhopper Exploration Plc to a “buy” rating and decreased their price objective for the stock from GBX 75 ($0.98) to GBX 70 ($0.91) in a research report on Tuesday, April 25th. Peel Hunt reaffirmed a “hold” rating and set a GBX 25 ($0.33) price objective on shares of Rockhopper Exploration Plc in a research report on Friday, July 21st. Finally, Royal Bank Of Canada began coverage on Rockhopper Exploration Plc in a report on Tuesday. They issued a “sector performer” rating and a GBX 30 ($0.39) price target for the company. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Rockhopper Exploration Plc currently has an average rating of “Hold” and an average target price of GBX 55.60 ($0.72).
Rockhopper Exploration Plc Company Profile
Rockhopper Exploration plc is an oil and gas exploration and production company. The Company is engaged in the exploration and exploitation of its oil and gas acreage. The Company operates through three segments, which include the oil and gas exploration activities in the geographical regions of the Falkland Islands, and the Greater Mediterranean region, as well as its corporate activities centered in the United Kingdom.