Economy
Genel Energy PLC (GENL) Given Consensus Recommendation of “Hold” by Brokerages

Genel Energy PLC (GENL) Given Consensus Recommendation of “Hold” by Brokerages


Shares of Genel Energy PLC (LON:GENL) have been given a consensus rating of “Hold” by the twelve research firms that are currently covering the stock. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is GBX 88.24 ($1.13). GENL has been the subject of a number of analyst reports. Numis Securities Ltd reissued a “buy” rating and set a GBX 150 ($1.92) target price on shares of Genel Energy PLC in a research note on Monday, February 13th. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 100 ($1.28) price target on shares of Genel Energy PLC in a research note on Wednesday, January 18th. Canaccord Genuity downgraded shares of Genel Energy PLC to a “hold” rating and decreased their price target for the company from GBX 140 ($1.79) to GBX 75 ($0.96) in a research note on Tuesday, January 31st. Finally, Macquarie reaffirmed a “neutral” rating and issued a GBX 124 ($1.59) price target on shares of Genel Energy PLC in a research note on Thursday, January 5th. Genel Energy PLC (LON:GENL) traded down 0.32% during mid-day trading on Monday, reaching GBX 77.75. 344,012 shares of the company were exchanged. The stock’s 50-day moving average price is GBX 75.44 and its 200-day moving average price is GBX 78.03. Genel Energy PLC has a 1-year low of GBX 54.50 and a 1-year high of GBX 178.10. The stock’s market capitalization is GBX 216.45 million. About Genel Energy PLC Genel Energy Plc is a holding company. The Company is engaged in the business of oil and gas exploration and production in the Kurdistan Region of Iraq (KRI). The Company’s segments include Kurdistan and Africa. The Company has interests in approximately two producing fields in the Kurdistan Region of Iraq, Taq Taq and Tawke, with access to local and international markets. Receive News & Ratings for Genel Energy PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genel Energy PLC and related companies with MarketBeat.com's FREE daily email newsletter.