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Barclays Capital issued a report on SOCO International PLC (LON:SIA), bumping down its price target to 130.00GBX earlier today

Stating a potential upside of 0.16%, Barclays Capital bumped down the target price of SOCO International PLC (LON:SIA) to 130.00GBX

Previously on Wednesday June 21, 2017, Macquarie reported on SOCO International PLC (LON:SIA) lowered the target price from 151.00GBX to 103.00GBX. At the time, this indicated a possible downside of -0.11%.

Yesterday SOCO International PLC (LON:SIA) traded 1.06% higher at 112.38GBX. The company’s 50-day moving average is 120.08GBX and its 200-day moving average is 129.32GBX. The last closing price is down -8.17% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 13,257 shares of the stock were exchanged, down from an average trading volume of 185,476

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SOCO International PLC (LON:SIA)

SOCO International PLC has a 52 week low of 111.25GBX and a 52 week high of 162.00GBX The company’s market cap is currently 0 GBX.

In addition to Barclays Capital reporting its target price, a total of 13 brokers have issued a report on the stock. The consensus target price is 2.09GBX with 2 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 7 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

General Information About 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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