Gulf Keystone (LON:GKP)‘s stock had its “sell” rating reaffirmed by analysts at Westhouse Securities in a research report issued to clients and investors on Thursday, American Banking News reports. They currently have a GBX 170 ($2.70) target price on the stock. Westhouse Securities’ target price would indicate a potential downside of 21.93% from the company’s current price.
GKP has been the subject of a number of other recent research reports. Analysts at HSBC downgraded shares of Gulf Keystone (LON:GKP) to an “underweight” rating in a research note to investors on Thursday, September 12th. They now have a GBX 185 ($2.94) price target on the stock. Separately, analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of Gulf Keystone (LON:GKP) in a research note to investors on Tuesday, September 3rd. They now have a GBX 235 ($3.73) price target on the stock. Finally, analysts at Goldman Sachs Group Inc. downgraded shares of Gulf Keystone (LON:GKP) from a “buy” rating to a “neutral” rating in a research note to investors on Friday, August 16th. They now have a GBX 265 ($4.21) price target on the stock.
Two research analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of GBX 240.63 ($3.82).
Gulf Keystone (LON:GKP) opened at 210.1242 on Thursday. Gulf Keystone has a 52 week low of GBX 126.31 and a 52 week high of GBX 246.40. The stock has a 50-day moving average of GBX 184.5 and a 200-day moving average of GBX 167.3.
Gulf Keystone Petroleum Limited (LON:GKP) is a holding company.