A statement released earlier today by Jefferies International about SOCO International PLC (LON:SIA) keeps the target price at 200.00GBX
- Updated: October 5, 2016
In a report released on 10/06/2016 Jefferies International hold steady the stock price target of SOCO International PLC (LON:SIA) from 200.00GBX to 200.00GBX reporting a possible upside of 0%.
Previously on 8/17/2016, RBC Capital Markets released a statement about SOCO International PLC (LON:SIA) increased the target price from 140.00GBX to 150.00GBX. At the time, this indicated a possible upside of 0%.
Just yesterday SOCO International PLC (LON:SIA) traded 1.42% higher at 0.00GBX. SOCO International PLC’s 50-day moving average is 143.72GBX and its 200-day moving average is 143.76GBX. The last stock price is down -0.70% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 102,129 shares of SIA traded hands, down from an average trading volume of 309,202
Recent Performance Chart
SOCO International PLC has 52 week low of 115.00GBX and a 52 week high of 200.38GBX and has a market capitalization of 0 GBX.
In addition to Jefferies International reporting its stock price target, a total of 13 brokerages have issued a ratings update on the company. The average stock price target is 2.09GBX with 2 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 7 brokerages rating the stock a hold, 3 brokerages rating the stock a underperform, and finally 1 brokerage rating the stock a sell.
Brief Synopsis On SOCO International PLC (LON:SIA)
SOCO International plc (SOCO) is an oil and gas exploration and production company. The Company's segments include South East Asia and Africa. It has field development and production interests in Vietnam, and exploration and appraisal interests in the Republic of Congo (Brazzaville) and Angola. In Vietnam, SOCO's Block 16-1 and Block 9-2 include the Te Giac Trang and Ca Ngu Vang Fields, which are located in shallow water in the Cuu Long Basin, near the Bach Ho Field. SOCO holds working interest in Block 16-1 and Block 9-2 through its subsidiaries, SOCO Vietnam Ltd and OPECO Vietnam Limited. SOCO holds its interests in the Marine XI Block, located offshore Congo (Brazzaville) in the shallow water Lower Congo Basin, through its subsidiary, SOCO EPC. SOCO holds working interest in the Mer Profonde Sud Block, offshore Congo (Brazzaville) through its subsidiary, SOCO Congo BEX Limited. SOCO's subsidiary, SOCO Cabinda Limited, holds participation interests in the Cabinda North Block.
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