Seplat Energy (LON:SEPL - Get Free Report) had its target price lifted by investment analysts at Citigroup from GBX 415 to GBX 655 in a research note issued on Tuesday,Digital Look reports. The firm presently has a "buy" rating on the stock. Citigroup's target price points to a potential upside of 18.02% from the company's previous close.
Separately, Canaccord Genuity Group increased their price target on Seplat Energy from GBX 550 to GBX 570 and gave the company a "buy" rating in a report on Thursday, March 5th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Seplat Energy has an average rating of "Buy" and a consensus price target of GBX 612.50.
View Our Latest Research Report on SEPL
Seplat Energy Stock Up 0.5%
Shares of SEPL stock opened at GBX 555 on Tuesday. The stock's 50 day simple moving average is GBX 472.08 and its 200 day simple moving average is GBX 356.12. Seplat Energy has a twelve month low of GBX 190 and a twelve month high of GBX 571. The company has a debt-to-equity ratio of 61.26, a quick ratio of 1.40 and a current ratio of 1.09. The company has a market capitalization of £3.33 billion, a price-to-earnings ratio of 20.56, a PEG ratio of 0.09 and a beta of 0.05.
Seplat Energy Company Profile
(
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Seplat Energy is Nigeria's leading indigenous, independent oil and gas producer, producing oil and gas production volumes of 48,152 barrels of oil equivalent per day (boepd) in 9M 2023, including 117 MMscfd (20,083 boepd) of processed natural gas for domestic power generation in 9M 2023.
Seplat Energy is focused on powering Nigeria's energy transition. Our goal is to help meet the energy needs of Nigeria's rapidly growing population by providing accessible, reliable and sustainable energy, at the same time increasing shareholder value.
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