Peel Hunt Reaffirms Buy Rating for Serica Energy Plc (LON:SQZ)

Peel Hunt restated their buy rating on shares of Serica Energy Plc (LON:SQZ) in a report published on Wednesday. The brokerage currently has a GBX 30 ($0.39) price objective on the stock.

Shares of Serica Energy Plc (LON:SQZ) opened at 25.25 on Wednesday. The firm’s market cap is GBX 66.58 million. The company’s 50-day moving average price is GBX 27.14 and its 200-day moving average price is GBX 27.32. Serica Energy Plc has a 12 month low of GBX 12.86 and a 12 month high of GBX 34.00.

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Serica Energy Plc Company Profile

Serica Energy plc is a United Kingdom-based oil and gas company. The Company has exploration and development activities based in the United Kingdom, Ireland, Namibia and Morocco, and an economic interest in an oilfield offshore Norway. The Company’s segments include UK, Ireland and Africa. It holds licenses in the Central North Sea and the East Irish Sea, which includes the Columbus Field.

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