Morgan Stanley reiterated their equal weight rating on shares of Genel Energy (LON: GENL) in a research report sent to investors on Tuesday morning, Stock Ratings Network reports. The firm currently has a GBX 850 ($12.93) price target on the stock.
Genel Energy (LON: GENL) traded up 0.97% on Tuesday, hitting GBX 939.5001. Genel Energy has a 52-week low of GBX 605.00 and a 52-week high of GBX 965.705. The stock’s 50-day moving average is currently GBX 731.7.
Several other analysts have also recently commented on the stock. Analysts at Citigrooup reiterated a buy rating on shares of Genel Energy in a research note to investors on Tuesday. They now have a GBX 1,150 ($17.49) price target on the stock. Finally, analysts at HSBC raised their price target on shares of Genel Energy from GBX 830 ($12.63) to GBX 983 ($14.95) in a research note to investors on Thursday, June 13th. They now have a neutral rating on the stock.
Five investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of GBX 1,044.86 ($15.89).
Genel Energy plc, formerly Vallares PLC, is an exploration and production company. It is an independent oil producer in the Kurdistan Region of Iraq.