Cantor Fitzgerald reported on Hurricane Energy Plc (LON:HUR), retaining its price target at 69.00GBX earlier today
- Updated: September 21, 2016
Boasting a price of 39.63GBX, Hurricane Energy Plc (LON:HUR) traded 1.47% higher on the day. The last stock close price is up 122.60% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Hurricane Energy Plc has recorded a 50-day moving average of 29.19GBX and a 200-day moving average of 18.58GBX. 609,845 shares of the stock traded hands, down from an avg. volume of 3,902,900
Cantor Fitzgerald hold steady the target price of Hurricane Energy Plc (LON:HUR) at 69.00GBX reporting a possible upside of 0.74%.
Previously on 9/15/2016, Cantor Fitzgerald released a statement for Hurricane Energy Plc (LON:HUR) raised the target price from 26.00GBX to 69.00GBX. At the time, this indicated a possible upside of 0.92%.
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.
A total of 2 equity analysts have released a ratings update on the company. zero analysts rating the company a strong buy, two brokerages rating the company a buy, zero equity analysts rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of 34.50GBX.
General Information About 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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