EnQuest PLC (LON:ENQ – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday. The company traded as high as GBX 27.95 and last traded at GBX 27.20, with a volume of 3477718 shares trading hands. The stock had previously closed at GBX 27.40.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the company. Canaccord Genuity Group lowered EnQuest to a “buy” rating and reduced their price target for the company from GBX 50 to GBX 48 in a research report on Friday, September 4th. Jefferies Financial Group reaffirmed a “restricted” rating and issued a GBX 25 target price on shares of EnQuest in a report on Thursday, June 11th. Shore Capital Group reiterated a “house stock” rating and set a GBX 41 price target on shares of EnQuest in a report on Thursday, September 3rd. Finally, JPMorgan Chase & Co. increased their price objective on shares of EnQuest from GBX 29 to GBX 35 and gave the company an “overweight” rating in a research report on Friday, July 3rd. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, EnQuest has a consensus rating of “Buy” and an average price target of GBX 34.60.
Get Our Latest Stock Analysis on EnQuest
EnQuest Stock Down 0.7%
EnQuest Company Profile
EnQuest is providing creative solutions through the energy transition.
EnQuest is an independent energy company. We focus on mature late-life assets, responsibly optimising production to provide energy security. Where we can, we repurpose our infrastructure to deliver renewable energy and decarbonisation projects before executing world-class decommissioning.
Shares in the Company trade on the London Stock Exchange (ENQ.L).
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