Energean (OTCMKTS:EERGF) Price Target Lowered to GBX 1,580 at Berenberg Bank

Energean (OTCMKTS:EERGFGet Rating) had its target price cut by Berenberg Bank from GBX 1,750 ($21.67) to GBX 1,580 ($19.56) in a research note issued to investors on Tuesday, The Fly reports.

Separately, Panmure Gordon upgraded Energean from a hold rating to a buy rating in a research note on Monday, October 3rd.

Energean Price Performance

OTCMKTS EERGF opened at $15.80 on Tuesday. Energean has a 12 month low of $12.87 and a 12 month high of $18.85. The company has a 50-day moving average of $16.06 and a 200-day moving average of $15.22.

Energean Company Profile

(Get Rating)

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish and Tanin development located to the offshore Israel.

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