Rockhopper Exploration Plc (RKH) Insider Buys £153.72 in Stock

Rockhopper Exploration Plc (LON:RKH) insider Stewart MacDonald purchased 732 shares of Rockhopper Exploration Plc stock in a transaction dated Wednesday, July 26th. The shares were bought at an average price of GBX 21 ($0.27) per share, with a total value of £153.72 ($199.56).

Stewart MacDonald also recently made the following trade(s):

• On Friday, May 26th, Stewart MacDonald purchased 698 shares of Rockhopper Exploration Plc stock. The shares were bought at an average price of GBX 22 ($0.29) per share, with a total value of £153.56 ($199.35).

Rockhopper Exploration Plc (RKH) opened at 18.25 on Wednesday. The firm has a 50-day moving average price of GBX 20.82 and a 200 day moving average price of GBX 21.90. Rockhopper Exploration Plc has a 12 month low of GBX 17.75 and a 12 month high of GBX 33.75. The stock’s market capitalization is GBX 82.79 million.

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Several equities research analysts recently commented on RKH shares. Canaccord Genuity upgraded Rockhopper Exploration Plc to a “buy” rating and reduced their price objective for the stock from GBX 75 ($0.97) to GBX 70 ($0.91) in a report on Tuesday, April 25th. Royal Bank Of Canada initiated coverage on Rockhopper Exploration Plc in a report on Tuesday, July 25th. They issued a “sector performer” rating and a GBX 30 ($0.39) price objective for the company. Finally, Peel Hunt reissued a “hold” rating and issued a GBX 25 ($0.32) target price on shares of Rockhopper Exploration Plc in a research report on Friday, July 21st. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 55.60 ($0.72).

About Rockhopper Exploration Plc

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.