Energean’s (ENOG) Buy Rating Reiterated at Stifel Nicolaus

Stifel Nicolaus restated their buy rating on shares of Energean (LON:ENOG) in a research note released on Thursday, Marketbeat reports. Stifel Nicolaus currently has a GBX 1,100 target price on the stock.

Separately, Berenberg Bank decreased their target price on Energean from GBX 855 to GBX 780 and set a “hold” rating for the company in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of GBX 936.67.

Energean Price Performance

ENOG opened at GBX 860 on Thursday. The business has a fifty day moving average of GBX 886.31 and a 200 day moving average of GBX 896.36. Energean has a 52-week low of GBX 720.50 and a 52-week high of GBX 1,042. The company has a quick ratio of 1.42, a current ratio of 0.79 and a debt-to-equity ratio of 2,560.13. The stock has a market cap of £1.58 billion, a P/E ratio of 7.68 and a beta of 0.69.

Energean Company Profile

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. The company was formerly known as Energean Oil & Gas plc and changed its name to Energean plc in May 2020. Energean plc was founded in 2007 and is based in London, the United Kingdom.