Enquest (ENQUF) Rating Increased to Buy at Zacks Investment Research

Enquest (OTCMKTS:ENQUF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday. The firm presently has a $0.50 target price on the stock. Zacks Investment Research‘s price target indicates a potential downside of 13.79% from the company’s previous close.

According to Zacks, “Enquest PLC is an oil and gas development and production company. It focuses on oil and oil linked hydrocarbons. Enquest PLC is based in London, the United Kingdom. “

Enquest (ENQUF) opened at $0.58 on Tuesday. Enquest has a fifty-two week low of $0.31 and a fifty-two week high of $0.65.

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Enquest Company Profile

EnQuest PLC, together with its subsidiaries, explores for, extracts, and produces hydrocarbons in the United Kingdom Continental Shelf and Malaysia. It primarily holds interests in the Heather/Broom, Thistle/Deveron, the Dons area, the Greater Kittiwake Area, Alma/Galia, and Scolty/Crathes; and in the Kraken development, and a non-operated interest in the producing Alba oil field, as well as the PM8/Seligi production sharing contract and the Tanjong Baram risk services contract in Malaysia.

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