JPMorgan Chase & Co. Upgrades EnQuest (LON:ENQ) to Neutral

Posted by Defense World Staff on Mar 7th, 2026

EnQuest (LON:ENQ – Get Free Report) was upgraded by research analysts at JPMorgan Chase & Co. to a “neutral” rating in a research note issued on Thursday, Marketbeat.com reports. The brokerage currently has a GBX 25 target price on the oil and gas development company’s stock, up from their previous target price of GBX 11. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 34.84% from the company’s current price.

A number of other equities research analysts have also weighed in on the company. Peel Hunt reaffirmed a “buy” rating and issued a GBX 24 price objective on shares of EnQuest in a report on Monday, November 10th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 15 price target on shares of EnQuest in a report on Wednesday, February 4th. Shore Capital Group restated a “buy” rating and issued a GBX 28 price target on shares of EnQuest in a research note on Monday, November 10th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 20 price objective on shares of EnQuest in a report on Thursday, November 13th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 22.40.

Check Out Our Latest Analysis on ENQ

EnQuest Stock Up 5.9%

ENQ stock opened at GBX 18.54 on Thursday. The stock has a market capitalization of £344.67 million, a PE ratio of -3.09, a price-to-earnings-growth ratio of 0.07 and a beta of 0.25. The company has a fifty day moving average of GBX 13.10 and a 200-day moving average of GBX 11.94. The company has a debt-to-equity ratio of 298.30, a quick ratio of 0.75 and a current ratio of 0.89. EnQuest has a one year low of GBX 9.72 and a one year high of GBX 18.58.

EnQuest Company Profile

(Get Free Report)

EnQuest is providing creative solutions through the energy transition.

EnQuest is an independent energy company. We focus on mature late-life assets, responsibly optimising production to provide energy security. Where we can, we repurpose our infrastructure to deliver renewable energy and decarbonisation projects before executing world-class decommissioning.

Shares in the Company trade on the London Stock Exchange (ENQ.L).