Numis Securities Reiterates Buy Rating for San Leon Energy (SLE)

San Leon Energy (LON:SLE)‘s stock had its “buy” rating reiterated by equities researchers at Numis Securities in a research note issued to investors on Monday. They currently have a GBX 390 ($5.08) price target on the stock.

Other equities research analysts also recently issued reports about the stock. UBS Group reiterated a “buy” rating and set a GBX 405 ($5.28) price target on shares of San Leon Energy in a research report on Tuesday, August 21st. Deutsche Bank reduced their price target on shares of San Leon Energy from GBX 415 ($5.41) to GBX 405 ($5.28) and set a “buy” rating for the company in a research report on Monday, August 13th. Finally, JPMorgan Chase & Co. initiated coverage on shares of San Leon Energy in a research report on Wednesday, August 29th. They set an “overweight” rating and a GBX 425 ($5.54) price target for the company.

Shares of SLE stock traded down GBX 0.95 ($0.01) during midday trading on Monday, reaching GBX 28.30 ($0.37). 101,091 shares of the company traded hands. San Leon Energy has a 1-year low of GBX 17.75 ($0.23) and a 1-year high of GBX 59 ($0.77).

About San Leon Energy

San Leon Energy plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas. It holds interests in a portfolio of conventional and shale assets located in Albania, Ireland, Morocco, Nigeria, Poland, and Spain covering an area of 23,742 km2. The company was founded in 1995 and is based in Dublin, Ireland.

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