Zacks Investment Research lowered shares of Geopark Ltd (NYSE:GPRK) from a hold rating to a sell rating in a report issued on Wednesday, July 19th.
According to Zacks, “GeoPark Ltd is an explorer, operator and consolidator of oil and gas. The company operates primarily in Chile, Colombia, Brazil and Argentina. GeoPark Ltd is based in Hamilton, Bermuda. “
Several other equities analysts also recently commented on the stock. ValuEngine raised shares of Geopark from a sell rating to a hold rating in a report on Friday, June 2nd. Echelon Wealth Partners assumed coverage on shares of Geopark in a report on Thursday, May 25th. They issued a buy rating and a $12.00 target price on the stock. EuroPacific Canada assumed coverage on shares of Geopark in a report on Thursday, May 25th. They issued a buy rating and a $12.00 target price on the stock. Eurobank EFG assumed coverage on shares of Geopark in a research note on Thursday, May 25th. They set a buy rating and a $12.00 price target on the stock. Finally, TheStreet raised shares of Geopark from a d rating to a c- rating in a research note on Monday, April 24th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of $11.13.
Geopark (NYSE:GPRK) opened at 8.88 on Wednesday. The stock has a 50 day moving average of $8.21 and a 200-day moving average of $6.98. The company’s market cap is $533.21 million. Geopark has a one year low of $3.05 and a one year high of $9.69.
Large investors have recently added to or reduced their stakes in the stock. Spark Investment Management LLC increased its stake in Geopark by 25.7% in the second quarter. Spark Investment Management LLC now owns 273,400 shares of the oil and gas company’s stock worth $2,064,000 after buying an additional 55,900 shares during the last quarter. Acadian Asset Management LLC boosted its position in Geopark by 465.6% in the second quarter. Acadian Asset Management LLC now owns 157,521 shares of the oil and gas company’s stock worth $1,189,000 after buying an additional 129,673 shares during the period. Sit Investment Associates Inc. boosted its position in Geopark by 147.5% in the second quarter. Sit Investment Associates Inc. now owns 14,600 shares of the oil and gas company’s stock worth $110,000 after buying an additional 8,700 shares during the period. Goldman Sachs Group Inc. boosted its position in Geopark by 151.0% in the first quarter. Goldman Sachs Group Inc. now owns 74,812 shares of the oil and gas company’s stock worth $537,000 after buying an additional 45,011 shares during the period. Finally, Driehaus Capital Management LLC boosted its position in Geopark by 81.6% in the first quarter. Driehaus Capital Management LLC now owns 19,880 shares of the oil and gas company’s stock worth $143,000 after buying an additional 8,930 shares during the period. 13.62% of the stock is currently owned by institutional investors.
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