Key Stock Analysts at Barclays Capital Reconfirmed their ‘Equal weight’ rating for Genel Energy (LON:GENL) Shares Today. Their PT Given is GBX 350.00

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Genel Energy (LON:GENL) Rating Reaffirmed

In a very recent research note revealed to investors on Friday morning, The Equal weight rating of Genel Energy (LON:GENL) shares was kept steady by Barclays Capital, who now has a GBX 350.00 target PPS on the stock. Barclays Capital’s target PPS suggests a possible upside of 42.86% from the last stock close of the company.

From a total of 26 analysts covering Genel Energy (LON:GENL) stock, 20 rate it a ”Buy”, 1 a “Sell”, and 6 a ”Hold”. This means that 74% of the ratings are positive. The highest target price is GBX 18.09 while the lowest target price is GBX 4.31. The mean of all analyst targets is GBX 8.49 with a 93.74% above today’s (GBX 245) stock price. Genel Energy was the topic of 31 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on December 1 with “Buy” rating. Barclays Capital maintained shares with “Equal Weight” rating and GBX 350 target share price in a report from a November 10. Credit Suisse maintained GENL stock in a recent report from November 19 with “Outperform” rating. Investec maintained the rating on October 26. Investec has a “Buy” rating and a GBX 445 price target on shares. Finally, Liberum Capital maintained the stock with “Hold” rating in a report issued on a November 10.

The stock closed the day at GBX 245 during the previous session. It is down 57.72% since May 7, 2015 and is downtrending. It has underperformed by 57.43% the S&P500.

Key Stock Analysts at Barclays Capital Reconfirmed their ‘Equal weight’ rating for Genel Energy (LON:GENL) Shares Today. Their PT Given is GBX 350.00

Genel Energy plc is a United-Kingdom exploration and production company. The company has a market cap of 673.25 million GBP. The Firm is an independent oil producer in the Kurdistan Region of Iraq. It currently has negative earnings. The Firm is structured along two business divisions being the geographical areas in which it operates: Kurdistan and Africa.

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