Serica Energy (LON:SQZ - Get Free Report)'s stock had its "buy" rating reissued by research analysts at Shore Capital in a research report issued to clients and investors on Friday,Digital Look reports.
SQZ has been the topic of several other research reports. Canaccord Genuity Group restated a "buy" rating and set a GBX 190 price objective on shares of Serica Energy in a report on Thursday, July 31st. JPMorgan Chase & Co. reaffirmed a "buy" rating and set a GBX 215 target price on shares of Serica Energy in a research note on Wednesday, August 13th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 190 target price on shares of Serica Energy in a research note on Tuesday, August 5th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Serica Energy currently has an average rating of "Buy" and an average price target of GBX 203.
Check Out Our Latest Report on Serica Energy
Serica Energy Price Performance
LON SQZ opened at GBX 172.58 on Friday. The stock's 50-day moving average price is GBX 166.80 and its two-hundred day moving average price is GBX 146.09. The company has a current ratio of 1.69, a quick ratio of 1.22 and a debt-to-equity ratio of 26.31. The company has a market cap of £850.51 million, a PE ratio of -118.94, a PEG ratio of 2.15 and a beta of 0.44. Serica Energy has a 1 year low of GBX 110.40 and a 1 year high of GBX 188.
Insiders Place Their Bets
In other news, insider Martin Copeland purchased 45,000 shares of the stock in a transaction that occurred on Thursday, July 3rd. The stock was acquired at an average price of GBX 161 per share, with a total value of £72,450. 37.70% of the stock is currently owned by company insiders.
Serica Energy Company Profile
(
Get Free Report)
Serica Energy plc, an upstream oil and gas company, identifies, acquires, explores, exploits, and produces oil and gas reserves in the United Kingdom. The company holds 100% interest in the Keith oil field; 98% interest in the Bruce field; and 50% interest in the Rhum gas field located in the Northern North Sea, as well as 18% non-operating interest in the Erskine field located in Central North Sea.
Further Reading
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