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Genel Energy PLC (LON:GENL) target price raised to 154.00GBX, issued a report today by Deutsche Bank

Genel Energy PLC (LON:GENL) had its target price raised to 154.00GBX by Deutsche Bank in an issued report announced 10/13/2017. The bumped up target suggests improbable upside the company's most recent stock price close.

Boasting a price of 0.00GBX, Genel Energy PLC (LON:GENL) traded 2.47% higher on the day. With the last stock price close down 27.77% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the same time. The company has recorded a 50-day moving average of 147.46GBX and a 200-day moving average of 105.47GBX. 104,277 shares of the stock were exchanged, down from an average trading volume of 1,188,070

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Genel Energy PLC (LON:GENL)

Genel Energy PLC has a with a one year low of 54.50GBX and a one year high of 166.50GBX Genel Energy PLC’s market capitalization is presently 0 GBX.

A total of 19 analysts have released a report on Genel Energy PLC. Five analysts rating the company a strong buy, three analysts rating the company a buy, 10 brokers rating the stock a hold, 4 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell with a average stock price target of 2.08GBX.

General Information About Genel Energy PLC (LON:GENL)

Genel Energy Plc is a holding company. The Company is engaged in the business of oil and gas exploration and production in the Kurdistan Region of Iraq (KRI). The Company's segments include Kurdistan and Africa. The Company has interests in approximately two producing fields in the Kurdistan Region of Iraq, Taq Taq and Tawke, with access to local and international markets. Its fields have an estimated gross proven and probable (2P) reserves of approximately 800 million barrels of oil, and gross proven, probable and possible reserves of approximately 1.2 billion barrels of oil. Its Taq Taq license area is located approximately 60 kilometers northeast of the Kirkuk oil field and the adjacent city of Kirkuk, over 85 kilometers southeast of the city of Erbil and over 120 kilometers northwest of the city of Sulaimaniah. The gross area of the Taq Taq license area is approximately 950 square kilometers. Its Bina Bawi field is located approximately 300 kilometers from Turkey.

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