Geopark (GPRK) Cut to Sell at ValuEngine

ValuEngine lowered shares of Geopark (NYSE:GPRK) from a hold rating to a sell rating in a research report report published on Friday.

GPRK has been the subject of a number of other reports. Zacks Investment Research raised shares of Geopark from a sell rating to a hold rating in a report on Tuesday, August 15th. GMP Securities reaffirmed a buy rating and set a $14.00 price objective on shares of Geopark in a research note on Sunday, November 19th. Scotiabank lifted their price objective on shares of Geopark from $10.00 to $10.50 and gave the stock an outperform rating in a research note on Thursday, November 16th. Canaccord Genuity assumed coverage on shares of Geopark in a research note on Thursday, September 21st. They set a buy rating and a $11.50 price objective for the company. Finally, TheStreet lowered shares of Geopark from a c- rating to a d+ rating in a research note on Wednesday, November 29th. One research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of $11.68.

Geopark (GPRK) traded up $0.04 during mid-day trading on Friday, hitting $8.65. 46,300 shares of the company were exchanged, compared to its average volume of 147,687. Geopark has a 1 year low of $4.04 and a 1 year high of $9.98. The company has a quick ratio of 1.75, a current ratio of 1.80 and a debt-to-equity ratio of 3.20.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. California Public Employees Retirement System boosted its stake in Geopark by 7.9% during the third quarter. California Public Employees Retirement System now owns 283,924 shares of the oil and gas company’s stock worth $2,487,000 after buying an additional 20,824 shares during the period. Royce & Associates LP bought a new stake in shares of Geopark during the third quarter worth $657,000. Macquarie Group Ltd. bought a new stake in shares of Geopark during the third quarter worth $1,108,000. Boston Partners lifted its position in shares of Geopark by 15.9% during the third quarter. Boston Partners now owns 190,307 shares of the oil and gas company’s stock worth $1,667,000 after purchasing an additional 26,061 shares during the last quarter. Finally, Cavalier Investments LLC bought a new stake in shares of Geopark during the third quarter worth $199,000. 19.12% of the stock is owned by institutional investors.

TRADEMARK VIOLATION NOTICE: “Geopark (GPRK) Cut to Sell at ValuEngine” was originally reported by Community Financial News and is owned by of Community Financial News. If you are reading this story on another website, it was illegally copied and republished in violation of US and international trademark & copyright legislation. The correct version of this story can be read at https://www.com-unik.info/2017/12/04/geopark-gprk-cut-to-sell-at-valuengine.html.

About Geopark

GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Peru, and Argentina. As of December 31, 2016, the company had working and/or economic interests in 26 hydrocarbons blocks, as well as shallow-offshore concession in Brazil that includes the Manati Field.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Geopark (NYSE:GPRK)

What are top analysts saying about Geopark Ltd? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Geopark Ltd and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit