EnQuest (OTCMKTS:ENQUF) Price Target Raised to GBX 47 at JPMorgan Chase & Co.

EnQuest (OTCMKTS:ENQUFGet Rating) had its price target upped by investment analysts at JPMorgan Chase & Co. from GBX 34 ($0.42) to GBX 47 ($0.58) in a report issued on Monday, The Fly reports.

ENQUF has been the topic of a number of other research reports. Barclays reiterated a “hold” rating on shares of EnQuest in a research note on Wednesday, April 6th. Zacks Investment Research raised EnQuest from a “hold” rating to a “buy” rating and set a $0.50 price target on the stock in a research report on Monday, April 11th.

OTCMKTS:ENQUF traded down $0.00 during midday trading on Monday, hitting $0.43. 165,900 shares of the company traded hands, compared to its average volume of 29,933. The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.59 and a current ratio of 0.66. The firm’s fifty day moving average is $0.41 and its 200-day moving average is $0.32. EnQuest has a 12-month low of $0.00 and a 12-month high of $1.00.

About EnQuest (Get Rating)

EnQuest PLC operates as an oil and gas production and development company. The company explores for, extracts, and produces hydrocarbons in the United Kingdom, North Sea, and Malaysia. It primarily holds interests in the Magnus, Kraken, Scolty/Crathes, Greater Kittiwake Area, Alba, Dons area, and Alma/Galia.

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