Rockhopper Exploration plc (LON:RKH – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Friday. The stock traded as low as GBX 65.20 and last traded at GBX 65.90, with a volume of 1002373 shares traded. The stock had previously closed at GBX 66.30.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group boosted their price target on Rockhopper Exploration from GBX 130 to GBX 135 and gave the stock a “buy” rating in a report on Wednesday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Rockhopper Exploration currently has an average rating of “Buy” and an average price target of GBX 135.
Check Out Our Latest Research Report on RKH
Rockhopper Exploration Trading Down 0.5%
About Rockhopper Exploration
Rockhopper Exploration plc operates as an oil and gas exploration and production company primarily in the United Kingdom. It engages in the exploration, appraisal, and exploitation of its oil and gas acreage primarily in the North Falkland Basin and the Greater Mediterranean region. The company holds 35% working interest in the PL003a, PL003b, PL004a, PL004b, PL004c, PL005, PL032, PL033 production licenses in North Falkland Basin. It also holds 100% working interest in the PL011, PL012, and PL014 production licenses in the South Falkland Basin.
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