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EnQuest Plc (LON:ENQ) target price increased to 78.00GBX, reported today by Macquarie

In an issued report on Friday September 16 2016 Macquarie bumped up the target price of EnQuest Plc (LON:ENQ) from 54GBX to 78GBX indicating a possible upside of 1.93%.

On Thursday September 15 2016, FirstEnergy Capital reported about EnQuest Plc(LON:ENQ) upped the target price at 55.00GBX that indicated a possible upside of 1.03%.

Showing a price of 26.63GBX, EnQuest Plc (LON:ENQ) traded 4.59% lower on the day. The last stock close is down 8.09% relative to the two hundred day moving average, compared with the S&P 500 Index which has fallen -0.01% over the same period. The company has logged a 50-day average of 27.03GBX and 200-day average of 28.29GBX. Trade volume was was up over the average, with 3,692,994 shares of ENQ changing hands over the typical 2,451,320 shares.

Recent Performance Chart:

EnQuest Plc (LON:ENQ)

EnQuest Plc has a one-year low of 10.50GBX and a one-year high of 42.10GBX . ENQ’s market cap is presently 0.0 GBX.

Also covering EnQuest Plc’s price target, a total of 14 brokers have released a ratings update on the stock. The average target is 0.48GBX with three analysts rating the company a strong buy, four firms rating the stock a buy, nine analyts rating the stock a hold, 0 rating the stock to underperform, and lastly one firmrating the company as sell.

Brief Synopsis About EnQuest Plc (LON:ENQ)

EnQuest PLC is a United Kingdom-based oil and gas development and production company. The Company’s principal activities are the exploration for, and extraction and production of, hydrocarbons in the United Kingdom Continental Shelf and Malaysia. The Company focuses on maturing assets and undeveloped oil fields. Its geographical segments include the North Sea and Malaysia. The Company’s the United Kingdom assets include its interests in the producing operated oil fields Heather/Broom, Thistle/Deveron, the Dons area, the Greater Kittiwake Area and Alma/Galia, also in the Kraken and Scolty/Crathes developments. The Company also has a non operated interest in the producing Alba oil field. In Malaysia, the Company’s operated assets include the PM8/Seligi Production Sharing Contract and the Tanjong Baram Risk Services Contract. Its subsidiaries include EnQuest Britain Limited, EnQuest Marketing and Trading Limited, and and NSIP (GKA) Limited.

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