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Peel Hunt disclosed Serica Energy PLC (LON:SQZ), boosting its price target to 19.00GBX earlier today

Reporting a potential upside of 0.34%, Peel Hunt upped the price target of Serica Energy PLC (LON:SQZ) to 19.00GBX

On 9/30/2016, Peel Hunt released a statement about Serica Energy PLC (LON:SQZ) dropped the target price from 19.00GBX to 18.00GBX that suggested an upside of 0%.

Having a price of 14.13GBX, Serica Energy PLC (LON:SQZ) traded -2.65% lower on the day. With the last stock price up 12.26% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. SQZ has recorded a 50-day average of 14.98GBX and a two hundred day average of 12.25GBX. Trade Volume was down over the average, with 50,000 shares of SQZ changing hands under the typical 537,447

Recent Performance Chart

Serica Energy PLC (LON:SQZ)

Serica Energy PLC has PE ratio of 7.64 with a one year low of 7.02GBX and a one year high of 16.75GBX and has a market capitalization of 0 GBX.

A total of 1 brokerage has issued a ratings update on Serica Energy PLC. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of 0.19GBX.

General Company Details For Serica Energy PLC (LON:SQZ)

Serica Energy plc is a United Kingdom-based oil and gas company. The Company has exploration and development activities based in the United Kingdom, Ireland, Namibia and Morocco, and an economic interest in an oilfield offshore Norway. The Company's segments include UK, Ireland and Africa. It holds licenses in the Central North Sea and the East Irish Sea, which includes the Columbus Field. It holds Frontier Exploration Licenses for Muckish, Aghla and Derryveagh, and Liffey and Boyne Prospects. The Company also holds interest in Blocks 113/26b and 113/27c, including the Doyle prospect. It holds interest in Block 113/22a, which is operated by Zennor North Sea Limited. The Company has interest in a Petroleum Agreement covering Blocks 2512A, 2513A, 2513B and 2612A in the Luderitz Basin, offshore Namibia in partnership with other companies. The Company has working interest in the Sidi Moussa license. The Company has an economic interest in the potential development of the Vette field.

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