Energean’s (ENOG) “Hold” Rating Reaffirmed at Berenberg Bank

Energean (LON:ENOG)‘s stock had its “hold” rating restated by stock analysts at Berenberg Bank in a report released on Thursday,London Stock Exchange reports. They currently have a GBX 940 ($12.23) price target on the stock. Berenberg Bank’s price objective would indicate a potential upside of 13.60% from the stock’s previous close.

Energean Stock Down 1.5 %

Shares of Energean stock traded down GBX 13 ($0.17) during midday trading on Thursday, reaching GBX 827.50 ($10.76). 477,268 shares of the company’s stock traded hands, compared to its average volume of 618,382. The company has a debt-to-equity ratio of 498.55, a quick ratio of 1.42 and a current ratio of 1.31. The company’s 50 day simple moving average is GBX 982.96 and its 200 day simple moving average is GBX 972.57. The company has a market cap of £1.91 billion, a price-to-earnings ratio of 15.03 and a beta of 0.85. Energean has a 52 week low of GBX 806.89 ($10.50) and a 52 week high of GBX 1,233 ($16.04).

About Energean

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.