Canaccord Genuity Group restated their speculative buy rating on shares of EnQuest (LON:ENQ) in a research report report published on Tuesday, Price Targets.com reports. Canaccord Genuity Group currently has a GBX 35 ($0.48) price target on the oil and gas development company’s stock.
Other equities research analysts have also recently issued reports about the company. Barclays reissued an overweight rating and set a GBX 39 ($0.53) price target on shares of EnQuest in a report on Thursday, November 18th. raised their price target on EnQuest from GBX 26 ($0.35) to GBX 35 ($0.48) and gave the company a speculative buy rating in a report on Wednesday, October 13th.
Shares of EnQuest stock opened at GBX 22.10 ($0.30) on Tuesday. The company has a debt-to-equity ratio of 5,410.93, a quick ratio of 0.48 and a current ratio of 0.54. The stock’s fifty day moving average is GBX 19.53 and its 200 day moving average is GBX 21.86. The stock has a market cap of £416.79 million and a P/E ratio of -2.33. EnQuest has a one year low of GBX 12 ($0.16) and a one year high of GBX 27.40 ($0.37).
EnQuest PLC operates as an oil and gas development and production company, explores for, extracts, and produces hydrocarbons in the United Kingdom, North Sea, and Malaysia. It primarily holds interests in the Magnus, Kraken, the Greater Kittiwake Area, Scolty/Crathes, Alba, Thistle/Deveron, Heather/Broom, Alma/Galia, and the Dons area.
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