Energean Oil & Gas (LON:ENOG) PT Raised to GBX 1,100

Energean Oil & Gas (LON:ENOG) had its target price upped by Royal Bank of Canada from GBX 900 ($11.76) to GBX 1,100 ($14.37) in a report published on Thursday, ThisIsMoney.Co.Uk reports. They currently have an outperform rating on the stock.

A number of other research firms have also recently commented on ENOG. Peel Hunt reaffirmed a buy rating and set a GBX 215 ($2.81) price target on shares of Acacia Mining in a research note on Tuesday, June 25th. Peel Hunt raised shares of MJ Gleeson to a hold rating and lifted their price target for the stock from GBX 715 ($9.34) to GBX 745 ($9.73) in a research note on Thursday, July 4th.

ENOG stock opened at GBX 972 ($12.70) on Thursday. Energean Oil & Gas has a 12 month low of GBX 502 ($6.56) and a 12 month high of GBX 1,014 ($13.25). The company has a debt-to-equity ratio of 13.26, a quick ratio of 0.64 and a current ratio of 0.68. The business’s 50-day moving average price is GBX 875.08. The stock has a market cap of $1.72 billion and a PE ratio of 12.30.

In other Energean Oil & Gas news, insider Efstathios Topouzoglou sold 1,262,753 shares of the business’s stock in a transaction dated Thursday, July 11th. The shares were sold at an average price of GBX 950 ($12.41), for a total value of £11,996,153.50 ($15,675,099.31).

Energean Oil & Gas Company Profile

Energean Oil & Gas plc operates as an independent oil and gas exploration and production company. The company focuses on the exploration, development, and production of oil and gas. It operates through five segments: Greece, Israel, Egypt, Montenegro, and New Ventures. The company holds 13 licenses in the Eastern Mediterranean.

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