Berenberg Bank Reiterates “Hold” Rating for Energean (LON:ENOG)

Energean (LON:ENOG)‘s stock had its “hold” rating restated by equities research analysts at Berenberg Bank in a research note issued to investors on Thursday, Marketbeat.com reports. They presently have a GBX 940 ($12.14) price target on the stock. Berenberg Bank’s price target indicates a potential upside of 7.74% from the stock’s current price.

Energean Trading Up 3.7 %

Shares of LON ENOG opened at GBX 872.50 ($11.27) on Thursday. The company has a quick ratio of 1.42, a current ratio of 1.31 and a debt-to-equity ratio of 498.55. The business has a fifty day simple moving average of GBX 976.66 and a two-hundred day simple moving average of GBX 971.38. The firm has a market cap of £2.02 billion, a PE ratio of 15.84 and a beta of 0.85. Energean has a twelve month low of GBX 799.73 ($10.33) and a twelve month high of GBX 1,233 ($15.92).

Energean Company Profile

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 project located in Israel. It also provides financing services; and holds a gas transportation license.