Shares of Enquest Plc (LON:ENQ) have been assigned a consensus recommendation of “Hold” from the eight research firms that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 31.43 ($0.41).
A number of equities research analysts recently weighed in on ENQ shares. Jefferies Group LLC reaffirmed a “buy” rating and set a GBX 64 ($0.84) price objective on shares of Enquest Plc in a research report on Tuesday, June 27th. Barclays PLC reaffirmed an “underweight” rating and set a GBX 35 ($0.46) price objective on shares of Enquest Plc in a research report on Friday, July 21st. Macquarie reaffirmed an “underperform” rating and set a GBX 10 ($0.13) price objective on shares of Enquest Plc in a research report on Tuesday, August 29th. Finally, J P Morgan Chase & Co dropped their price objective on Enquest Plc from GBX 50 ($0.66) to GBX 41 ($0.54) and set a “neutral” rating on the stock in a research report on Friday, September 8th.
In other Enquest Plc news, insider Jonathan Swinney sold 121,102 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of GBX 25 ($0.33), for a total value of £30,275.50 ($39,951.83).
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Shares of Enquest Plc (ENQ) traded down 1.83% during trading on Wednesday, reaching GBX 26.75. 1,577,947 shares of the company were exchanged. The firm’s market capitalization is GBX 301.39 million. Enquest Plc has a 1-year low of GBX 22.50 and a 1-year high of GBX 56.00. The firm’s 50 day moving average is GBX 26.14 and its 200 day moving average is GBX 31.94.
About Enquest Plc
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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