Shore Capital Group Reaffirms “Buy” Rating for EnQuest (LON:ENQ)

EnQuest (LON:ENQ)‘s stock had its “buy” rating restated by stock analysts at Shore Capital Group in a research note issued on Thursday, MarketBeat reports.

ENQ has been the topic of a number of other reports. JPMorgan Chase & Co. raised their target price on EnQuest from GBX 24 to GBX 25 and gave the company an “overweight” rating in a research report on Wednesday, April 8th. Jefferies Financial Group restated a “buy” rating and set a GBX 15 target price on shares of EnQuest in a research report on Wednesday, February 4th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 22.40.

EnQuest Trading Down 0.7%

ENQ opened at GBX 19.54 on Thursday. The stock’s 50 day moving average price is GBX 18.46 and its 200-day moving average price is GBX 13.72. The stock has a market cap of £363.66 million, a price-to-earnings ratio of 195.40, a P/E/G ratio of 0.07 and a beta of 0.01. The company has a debt-to-equity ratio of 204.44, a quick ratio of 0.75 and a current ratio of 0.72. EnQuest has a one year low of GBX 9.72 and a one year high of GBX 21.35.

EnQuest Company Profile

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).