Berenberg Bank Cuts Energean (OTCMKTS:EERGF) Price Target to GBX 1,580

Energean (OTCMKTS:EERGFGet Rating) had its price target lowered by Berenberg Bank from GBX 1,750 ($21.67) to GBX 1,580 ($19.56) in a report published on Tuesday, The Fly reports.

Separately, Panmure Gordon raised Energean from a hold rating to a buy rating in a research report on Monday, October 3rd.

Energean Stock Performance

Shares of EERGF opened at $15.80 on Tuesday. Energean has a 52 week low of $12.87 and a 52 week high of $18.85. The stock has a fifty day moving average of $16.06 and a 200-day moving average of $15.22.

Energean Company Profile

(Get Rating)

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish and Tanin development located to the offshore Israel.

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