A statement released earlier today by Cantor Fitzgerald about Sound Energy PLC (LON:SOU) maintains the target price at 101.00GBX
- Updated: September 18, 2016
In a report announced on 9/19/2016 Cantor Fitzgerald maintained the target price of Sound Energy PLC (LON:SOU) at 101GBX reporting a possible upside of 0.06%.
Previously on 9/15/2016, Cantor Fitzgerald released a statement about Sound Energy PLC(LON:SOU) raised the target price at 101.00GBX that suggested an upside of 0.10%.
Having a price of 95.00GBX, Sound Energy PLC (LON:SOU) traded 3.04% higher on the day. The last stock price is up 207.51% relative to the 200-day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. Sound Energy PLC has registered a 50-day average of 64.21GBX and two hundred day average of 30.66GBX. 2,384,180 shares of SOU traded hands, down from ann avg. volume of 7,840,670
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Sound Energy PLC has a 52 week low of 12.50GBX and a one-year high of 102.00GBX . The company’s market capitalization is currently 0.0 GBX.
Also covering Sound Energy PLC’s stock price target, a total of 2 analysts have issued a research note on the company. The one year target stock price is 36.00GBX with one analyst rating the company a strong buy, one analyst rating the company a buy, one analyst rating the stock a hold, 0 rating the company to underperform, and lastly 0 firmsrating the company as sell.
Brief Synopsis About Sound Energy PLC (LON:SOU)
Sound Energy plc is a Mediterranean upstream company. The principal activity of the Company and its subsidiaries is the exploration, appraisal and development to production as an operator in the oil and gas industry. Its principal activity is in Italy and Morocco. It operates through three segments: corporate; exploration and appraisal, and development and production. Its Tendrara permit is located in the Figuig Province, NorthEast Morocco. The Tendrara permit area, which is sub-divided into over eight blocks, covers a combined area of approximately 14, 500 square kilometers. The Meridja permit is located next to its Tendrara license, and covers an area of over 9, 000 square kilometers. The Sidi Moktar permit is located in the Essaouira Basin in central Morocco and is sub-divided into over three blocks (North, South and West). The Badile Permit is situated in the Piedmont Lombard Basin in northern Italy. Its Rapagnano Gas Field concession is located in Fermo Province, and Marche Region.
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