Citigrooup reaffirmed their buy rating on shares of Soco International (LON: SIA) in a research note issued to investors on Tuesday, Analyst Ratings Network reports. The firm currently has a GBX 439 ($6.68) price target on the stock.
Soco International (LON: SIA) opened at 352.40 on Tuesday. Soco International has a 52-week low of GBX 306.155 and a 52-week high of GBX 407.60. The stock’s 50-day moving average is currently GBX 338.0. The company’s market cap is £1.156 billion.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group raised their price target on shares of Soco International from GBX 305 ($4.64) to GBX 345 ($5.25) in a research note to investors on Friday, June 21st. They now have a hold rating on the stock. Separately, analysts at Goldman Sachs reiterated a neutral rating on shares of Soco International in a research note to investors on Tuesday, June 4th. They now have a GBX 461 ($7.01) price target on the stock, down previously from GBX 539 ($8.20). Finally, analysts at JPMorgan Chase & Co. reiterated a neutral rating on shares of Soco International in a research note to investors on Tuesday, May 28th. They now have a GBX 417 ($6.34) price target on the stock.
Three analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the stock. Soco International presently has an average rating of Hold and an average target price of GBX 404.69 ($6.16).
SOCO International plc is an international oil and gas exploration and production company. The Company has oil and gas interests in Vietnam, which includes Block 9-2 and Block 16-1; Republic of Congo (LON: SIA), which includes Marine XI Block and Marine XIV Block, the Democratic Republic of Congo (Kinshasa), consists of Nganzi block and Block V and Angola, which include Cabinda Onshore North Block.