Energean plc (LON:ENOG – Get Free Report) shares traded down 0.9% on Friday. The stock traded as low as GBX 691 and last traded at GBX 696. Approximately 212,987 shares were traded during trading, a decline of 78% from the average daily volume of 981,394 shares. The stock had previously closed at GBX 702.50.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on the company. Jefferies Financial Group upped their target price on Energean from GBX 680 to GBX 800 and gave the company a “hold” rating in a report on Monday, September 7th. Berenberg Bank lifted their price target on Energean from GBX 765 to GBX 780 and gave the stock a “hold” rating in a research note on Friday, September 11th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Energean presently has a consensus rating of “Hold” and an average target price of GBX 843.33.
Check Out Our Latest Research Report on Energean
Energean Stock Down 0.9%
Insider Activity at Energean
In other Energean news, insider Andreas Persianis purchased 5,000 shares of the stock in a transaction dated Tuesday, August 4th. The shares were acquired at an average price of GBX 755 per share, for a total transaction of £37,750. 19.66% of the stock is currently owned by company insiders.
Energean Company Profile
Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license. The company was formerly known as Energean Oil & Gas plc and changed its name to Energean plc in May 2020. Energean plc was founded in 2007 and is based in London, the United Kingdom.
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