Credit Suisse Keeps Genel Energy (LON:GENL) As a “Outperform”; They Now Have a Target Of GBX 430.00


Genel Energy (LON:GENL) Rating Reaffirmed

They currently have a GBX 430.00 TP on Genel Energy (LON:GENL). The target price by Credit Suisse would suggest a potential upside of 79.82% from the company’s current stock price. This has been disclosed in a recent report on Monday, 7 December.

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 18.2 while the lowest target price is GBX 4.33. The mean of all analyst targets is GBX 8.27 with a 85.29% above today’s (GBX 239.13) stock price. Genel Energy was the topic of 34 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. Credit Suisse maintained shares on December 7 with “Outperform” rating. Liberum Capital maintained shares with “Hold” rating and GBX 286 target share price in a report from a November 10. Jefferies maintained GENL stock in a recent report from December 1 with “Buy” rating. Investec maintained the rating on October 26. Investec has a “Buy” rating and a GBX 445 price target on shares. Finally, Numis Securities maintained the stock with “Hold” rating in a report issued on a November 18.

The stock increased 4.31% or GBX 9.88 on December 4, striking GBX 239.13. Approximately shares of stock traded hands. Genel Energy PLC (LON:GENL) has declined 60.06% since May 8, 2015 and is downtrending. It has underperformed by 58.98% the S&P500.

Credit Suisse Keeps Genel Energy (LON:GENL) As a

Genel Energy plc is a United-Kingdom exploration and production company. The company has a market cap of 638.19 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.