Enquest (LON:ENQ)‘s stock had its “underweight” rating restated by Barclays in a report issued on Tuesday. They presently have a GBX 23 ($0.32) price target on the oil and gas development company’s stock. Barclays’ target price would indicate a potential downside of 29.66% from the stock’s previous close.
A number of other brokerages have also issued reports on ENQ. Whitman Howard restated a “hold” rating on shares of Enquest in a research note on Wednesday, January 24th. Jefferies Group upped their price target on shares of Enquest from GBX 23 ($0.32) to GBX 27 ($0.37) and gave the company a “hold” rating in a research note on Wednesday, December 20th. Two analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 24.50 ($0.34).
Shares of Enquest (LON ENQ) opened at GBX 32.70 ($0.45) on Tuesday. Enquest has a 52-week low of GBX 22.50 ($0.31) and a 52-week high of GBX 51 ($0.70). The company has a market cap of $387.85 and a P/E ratio of 654.00.
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EnQuest PLC is a United Kingdom-based oil and gas development and production company. The Company’s principal activities are the exploration for, and extraction and production of, hydrocarbons in the United Kingdom Continental Shelf and Malaysia. The Company focuses on maturing assets and undeveloped oil fields.
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