A statement released earlier today by finnCap about Sound Energy PLC (LON:SOU) maintains the target price at 104.00GBX
- Updated: October 6, 2016
Boasting a price of 88.25GBX, Sound Energy PLC (LON:SOU) traded -0.71% lower on the day. With the last stock price close up 134.93% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Sound Energy PLC has recorded a 50-day average of 77.69GBX and a two hundred day average of 37.61GBX. Volume of trade was down over the average, with 1,817,064 shares of SOU changing hands under the typical 9,048,430
finnCap hold steady the target of Sound Energy PLC (LON:SOU) at 104.00GBX stating a potential upside of 0.18%.
On 9/23/2016, Cantor Fitzgerald released a statement for Sound Energy PLC (LON:SOU) maintained the target price at 101.00GBX that suggested an upside of 0.20%.
With a total market value of 0 GBX, Sound Energy PLC has with a one year low of 12.50GBX and a one year high of 102.00GBX .
A total of 2 equity analysts have released a ratings update on SOU. One equity analyst rating the company a strong buy, one equity analyst rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 36.00GBX.
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, Marche Region.
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