Genel Energy (LON:GENL) Price Target Lowered to GBX 92 at Canaccord Genuity Group

Genel Energy (LON:GENL) had its price objective dropped by equities research analysts at Canaccord Genuity Group from GBX 98 ($1.27) to GBX 92 ($1.20) in a note issued to investors on Wednesday, Marketbeat reports. The firm currently has a “speculative buy” rating on the stock. Canaccord Genuity Group’s price target points to a potential upside of 47.49% from the company’s previous close.

Genel Energy Trading Down 0.0 %

Shares of GENL stock opened at GBX 62.38 ($0.81) on Wednesday. Genel Energy has a 12-month low of GBX 57.10 ($0.74) and a 12-month high of GBX 103 ($1.34). The firm’s 50 day moving average is GBX 64.58 and its 200 day moving average is GBX 71.11. The company has a current ratio of 5.26, a quick ratio of 5.87 and a debt-to-equity ratio of 59.32. The stock has a market capitalization of £216.61 million, a P/E ratio of -10.22, a P/E/G ratio of -0.03 and a beta of 1.13.

Genel Energy Company Profile

Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). The Company is one of the largest London-listed independent hydrocarbon producers, with an asset portfolio that positions us well for a future of fewer and better natural resources projects.