A statement released earlier today by finnCap about Hurricane Energy Plc (LON:HUR) maintains the target price at 50.00GBX
- Updated: September 24, 2016
In a report released on 9/22/2016 finnCap hold steady the stock price target of Hurricane Energy Plc (LON:HUR) from 50.00GBX to 50.00GBX reporting a possible upside of 0%.
Previously on 09/15/2016, Cantor Fitzgerald reported on Hurricane Energy Plc (LON:HUR) increased the target price from 26.00GBX to 69.00GBX. At the time, this indicated a possible upside of 0.92%.
Just yesterday Hurricane Energy Plc (LON:HUR) traded -0.64% lower at 0.00GBX. Hurricane Energy Plc’s 50-day moving average is 30.11GBX and its 200-day moving average is 18.90GBX. The last closing price is down 106.30% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 3,268,454 shares of HUR traded hands, down from an average trading volume of 3,928,260
Recent Performance Chart
Hurricane Energy Plc has 52 week low of 8.85GBX and a 52 week high of 43.75GBX and has a market capitalization of 0 GBX.
In addition to finnCap reporting its stock price target, a total of 2 brokers have issued a research note on the company. The average stock price target is 34.50GBX with 0 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Hurricane Energy Plc (LON:HUR)
Hurricane Energy plc is engaged in the exploration of oil and gas reserves principally on the United Kingdom Continental Shelf. The Company's acreage is on the United Kingdom Continental Shelf, West of Shetland, on which the Company has approximately two basement reservoir discoveries, each containing approximately 200 million barrels of oil equivalent (MMboe). Its licenses include P1368, P1485, P1835 and P2294. The Company has approximately 450 million barrels of 2C Contingent Resources on acreage. Its Lancaster discovery is located in blocks, including 205/21a, 205/22a and 205/26b. The Whirlwind discovery is located across blocks, including 205/21a and 205/22a in the West of Shetland. The Lincoln Basement prospect is located in 205/26b block. The Typhoon prospect is located in blocks, including 204/22a, 204/23c, 204/27a and 204/28a. The Strathmore Prospect is located in the 204/30a block, and contains oil in Triassic-aged sandstones.
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