Nordea Equity Research reissued their buy rating on shares of EnQuest (LON: ENQ) in a research note released on Tuesday, AnalystRatings.Net reports. Nordea Equity Research currently has a GBX 142.93 ($2.17) target price on the stock.
EnQuest (LON: ENQ) traded up 2.77% on Tuesday, hitting GBX 122.40. EnQuest has a 52-week low of GBX 105.30 and a 52-week high of GBX 145.68. The stock’s 50-day moving average is currently GBX 116.7. The company’s market cap is £954.3 million.
ENQ has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a buy rating on shares of EnQuest in a research note to investors on Friday, June 21st. They now have a GBX 155 ($2.36) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a buy rating on shares of EnQuest in a research note to investors on Thursday, June 13th. They now have a GBX 183 ($2.78) price target on the stock. Finally, analysts at Morgan Stanley reiterated an underweight rating on shares of EnQuest in a research note to investors on Monday, June 10th. They now have a GBX 120 ($1.83) price target on the stock.
One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of GBX 163.33 ($2.48).
EnQuest PLC is an independent oil and gas development and production with its focus on the United Kingdom Continental Shelf (LON: ENQ).