Genel Energy plc (LON:GENL – Get Free Report)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 56.94 and traded as low as GBX 51. Genel Energy shares last traded at GBX 55.80, with a volume of 213,441 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 90 price target on shares of Genel Energy in a research note on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Genel Energy presently has an average rating of “Buy” and an average target price of GBX 85.
Check Out Our Latest Stock Report on Genel Energy
Genel Energy Price Performance
About Genel Energy
Genel Energy is a socially responsible oil producer with a low-cost and low-carbon production asset in the Kurdistan Region of Iraq and exploration assets in Oman, Morocco and Somaliland and listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). Genel’s strategy is designed to build a business with resilient and diversified cash flows that delivers sustainable value to shareholders, and with the aim of restarting the payment of a regular dividend.
Further Reading
- Five stocks we like better than Genel Energy
- The Great AI Server Rotation Puts Hewlett Packard Enterprise and Super Micro Computer in Focus
- Generac’s AI Power Pivot Raises a Bigger Question About Data Center Demand
- Medtronic Bottoms, Healthy Rebound Ahead
- GitLab’s Price Recovery Gains Traction—Time to Get On Board?
Receive News & Ratings for Genel Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genel Energy and related companies with MarketBeat.com's FREE daily email newsletter.
