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SOCO International PLC (LON:SIA) target price increased to 138.00GBX, reported today by JP Morgan Cazenove

SOCO International PLC (LON:SIA) had its price target bumped up to 138GBX by JP Morgan Cazenove in an issued report announced 8/04/2016. The updated target price indicates a possible downside of -0.07% based on the bussiness’ previous closing price.

On Wednesday August 3 2016, numis reported about SOCO International PLC(LON:SIA) upped the target price from 0.00GBX to 150.00GBX. At the time, this indicated a possible downside of -0.01%.

Only yesterday SOCO International PLC (LON:SIA) traded 2.51% lower at 148.75GBX. SOCO International PLC’s 50-day moving average is 148.03GBX and its 200-day moving average is 146.57GBX. With the last close up 7.21% relative to the 200-day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. Trade volume was was up over the average, with 718,544 shares of SIA changing hands over the typical 385,793 shares..

Performance Chart:

SOCO International PLC (LON:SIA)

SOCO International PLC has a 52 week low of 115.00GBX and a one-year high of 200.38GBX and has a market capitalization of 0.0 GBX.

A total of 13 brokerages have issued a report on the stock. Two firms rate the stock a strong buy, 0 rate the company a buy, seven analyts rate the company a hold, three brokerages rate the company to underperform, and finally one firmrate the stock as sell with a 12-month target price of 2.09GBX

General Company Details For 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, and holds participation interests in the Cabinda North Block.

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