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

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

ENOG has been the topic of a number of other research reports. Peel Hunt reaffirmed a buy rating and set a GBX 215 ($2.81) target price on shares of Acacia Mining in a report on Tuesday, June 25th. Peel Hunt raised MJ Gleeson to a hold rating and increased their target price for the stock from GBX 715 ($9.34) to GBX 745 ($9.73) in a report on Thursday, July 4th.

LON:ENOG opened at GBX 972 ($12.70) on Thursday. The company has a current ratio of 0.68, a quick ratio of 0.64 and a debt-to-equity ratio of 13.26. The business’s 50 day moving average price is GBX 875.08. Energean Oil & Gas has a 52 week low of GBX 502 ($6.56) and a 52 week high of GBX 1,014 ($13.25). The company has a market cap of $1.72 billion and a P/E ratio of 12.30.

In other Energean Oil & Gas news, insider Efstathios Topouzoglou sold 1,262,753 shares of the stock in a transaction that occurred on Thursday, July 11th. The stock was sold at an average price of GBX 950 ($12.41), for a total transaction 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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