Serica Energy’s (SQZ) “Buy” Rating Reaffirmed at Peel Hunt

Peel Hunt restated their buy rating on shares of Serica Energy (LON:SQZ) in a research report sent to investors on Monday. They currently have a GBX 105 ($1.41) price target on the stock.

Serica Energy (LON SQZ) traded up GBX 4.88 ($0.07) on Monday, reaching GBX 59.38 ($0.80). The company had a trading volume of 1,073,180 shares, compared to its average volume of 940,829. Serica Energy has a twelve month low of GBX 14 ($0.19) and a twelve month high of GBX 75 ($1.01).

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About Serica Energy

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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