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A statement released earlier today by Peel Hunt about Sterling Energy PLC (LON:SEY) holds the target price at 20.00GBX

Indicating a possible upside of 0.14%, Peel Hunt hold steady the target price of Sterling Energy PLC (LON:SEY) at 20.00GBX

On 08/08/2016, Peel Hunt reported about Sterling Energy PLC (LON:SEY) held steady the target price at 20.00GBX. At the time, this indicated a possible upside of 0.37%.

Having a price of 17.50GBX, Sterling Energy PLC (LON:SEY) traded 3.65% higher on the day. The last stock price close is up 12.67% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. SEY has recorded a 50-day average of 15.83GBX and a two hundred day average of 15.75GBX. 7,134 shares of Sterling Energy PLC exchanged hands, down from an avg. volume of 47,751

Recent Performance Chart

Sterling Energy PLC (LON:SEY)

With a total market value of 0 GBX, Sterling Energy PLC has one year low of 12.25GBX and a one year high of 18.00GBX .

Also covering Sterling Energy PLC's price target, a total of 2 analysts have released a report on the company. The average stock price target is 0.29GBX with two equity analysts rating the stock a strong buy, zero analysts rating the company a buy, one brokerage rating the company a hold, 0 brokers rating the stock a underperform, and finally 0 firms rating the stock a sell.

More About Sterling Energy PLC (LON:SEY)

Sterling Energy plc is an upstream oil and gas company, which is focused primarily on material exploration opportunities in Africa. The Company is engaged in the exploration, development and production of commercial oil and gas. The Company operates in the Africa segment. The Africa segment includes its exploration and development activities. It has exploration projects in Mauritania, Madagascar, Somaliland and Cameroon, together with a production interest in Mauritania. Its Ambilobe block covers an area of approximately 17,650 square kilometers and is located in the Ambilobe basin, offshore north-west Madagascar. Water depths across the Ambilobe block range from shoreline to over 3,000 meters. Its Odewayne Exploration block comprises an area of over 22,840 square kilometers. Its Ntem Concession lies adjacent to the southern maritime border of Cameroon, and covers an area of approximately 2,320 square kilometers. Water depths range from 400 to 2,000 meters across the Ntem block.

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