Sterling Energy (LON:SEY) had its target price lowered by Peel Hunt from GBX 21 ($0.28) to GBX 18 ($0.24) in a report published on Monday morning. Peel Hunt currently has a buy rating on the oil and gas exploration company’s stock.
Shares of Sterling Energy (LON SEY) opened at GBX 13.65 ($0.19) on Monday. Sterling Energy has a 1-year low of GBX 12.75 ($0.17) and a 1-year high of GBX 18.25 ($0.25). The firm has a market capitalization of $30.00 and a PE ratio of -1,365.00.
About Sterling Energy
Sterling Energy plc is an upstream oil and gas company, which is focused primarily on material exploration opportunities in Africa. The Company is engaged in the exploration, development and production of commercial oil and gas. The Company operates in the Africa segment. The Africa segment includes its exploration and development activities.
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