Serica Energy plc (LON:SQZ - Get Free Report) has received an average rating of "Buy" from the seven research firms that are presently covering the firm, Marketbeat.com reports. Seven equities research analysts have rated the stock with a buy recommendation. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 282.29.
A number of brokerages have weighed in on SQZ. Canaccord Genuity Group reiterated a "buy" rating and set a GBX 340 price target on shares of Serica Energy in a research report on Monday, July 27th. Jefferies Financial Group restated a "buy" rating and issued a GBX 310 price objective on shares of Serica Energy in a report on Tuesday, June 2nd. Finally, Berenberg Bank reaffirmed a "buy" rating and set a GBX 365 price objective on shares of Serica Energy in a research report on Thursday, August 6th.
Read Our Latest Report on Serica Energy
Serica Energy Stock Down 0.2%
Shares of LON:SQZ opened at GBX 260.39 on Friday. The business has a 50-day moving average price of GBX 236.21 and a 200 day moving average price of GBX 250.45. The company has a current ratio of 1.42, a quick ratio of 1.22 and a debt-to-equity ratio of 47.47. The company has a market capitalization of £1.02 billion, a price-to-earnings ratio of -20.03, a PEG ratio of 2.15 and a beta of 0.05. Serica Energy has a 12-month low of GBX 146 and a 12-month high of GBX 302.40.
Serica Energy (LON:SQZ - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported GBX 2 earnings per share (EPS) for the quarter. Serica Energy had a negative net margin of 0.27% and a negative return on equity of 0.62%. Sell-side analysts expect that Serica Energy will post 30.373444 EPS for the current year.
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. It also has 50% interest in the Columbus development; and 20% interest in the Skerryvore and Ruvaal prospects located in Central North Sea, as well as 100% interest in the North and South Eigg exploration prospects located in the Northern North Sea.
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