Berenberg Bank Lowers Energean (LON:ENOG) Price Target to GBX 1,520

Energean (LON:ENOGGet Free Report) had its price objective reduced by equities research analysts at Berenberg Bank from GBX 1,555 ($19.10) to GBX 1,520 ($18.67) in a research report issued on Thursday, LSE.Co.UK reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 72.53% from the stock’s current price.

Energean Price Performance

Shares of ENOG opened at GBX 881 ($10.82) on Thursday. Energean has a 1-year low of GBX 807.50 ($9.92) and a 1-year high of GBX 1,560 ($19.16). The stock has a market cap of £1.58 billion, a PE ratio of -5,916.67 and a beta of 0.68. The company has a debt-to-equity ratio of 508.83, a current ratio of 0.54 and a quick ratio of 1.42. The firm has a fifty day moving average price of GBX 981.94 and a 200 day moving average price of GBX 1,070.95.

Insider Activity at Energean

In related news, insider Panagiotis Benos sold 40,113 shares of the business’s stock in a transaction on Thursday, September 7th. The shares were sold at an average price of GBX 1,137 ($13.96), for a total value of £456,084.81 ($560,094.33). 26.66% of the stock is owned by corporate insiders.

Energean Company Profile

(Get Free Report)

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 project located in Israel. It also provides financing services; and holds a gas transportation license.

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