SOCO International plc (LON:SIA) insider Mike J. Watts purchased 10,041 shares of the business’s stock in a transaction that occurred on Friday, October 26th. The stock was acquired at an average price of GBX 86 ($1.12) per share, for a total transaction of £8,635.26 ($11,283.50).
SIA opened at GBX 84.70 ($1.11) on Friday. SOCO International plc has a 52-week low of GBX 87.15 ($1.14) and a 52-week high of GBX 150 ($1.96).
Several research analysts recently commented on the stock. Royal Bank of Canada restated an “outperform” rating on shares of SOCO International in a report on Wednesday. Peel Hunt restated an “add” rating on shares of SOCO International in a report on Monday, September 17th. JPMorgan Chase & Co. dropped their price objective on shares of SOCO International from GBX 127 ($1.66) to GBX 126 ($1.65) and set a “neutral” rating on the stock in a research note on Thursday, July 12th. Finally, Liberum Capital reiterated an “add” rating and set a GBX 140 ($1.83) price objective on shares of SOCO International in a research note on Monday, July 2nd. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. SOCO International presently has an average rating of “Hold” and a consensus price target of GBX 137 ($1.79).
SOCO International plc engages in the exploration and production of oil and gas properties. It has interests in oil and gas properties located in Vietnam, the Republic of Congo, and Angola. The company was founded in 1997 and is headquartered in London, the United Kingdom.
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