Genel Energy’s (GENL) Buy Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of Genel Energy (LON:GENL) in a research note published on Friday,Digital Look reports. Jefferies Financial Group currently has a GBX 90 price objective on the stock.

Genel Energy Stock Down 0.7%

Genel Energy stock opened at GBX 50.70 on Friday. The company has a debt-to-equity ratio of 25.84, a quick ratio of 5.87 and a current ratio of 2.70. Genel Energy has a 52-week low of GBX 50.20 and a 52-week high of GBX 83.29. The firm has a 50 day moving average price of GBX 55.30 and a two-hundred day moving average price of GBX 58.52. The firm has a market cap of £139.71 million, a price-to-earnings ratio of -15.84, a PEG ratio of -0.03 and a beta of 0.52.

About Genel Energy

Genel Energy is a socially responsible oil producer with a low-cost and low-carbon production asset in the Kurdistan Region of Iraq and exploration assets in Oman, Morocco and Somaliland and listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). Genel’s strategy is designed to build a business with resilient and diversified cash flows that delivers sustainable value to shareholders, and with the aim of restarting the payment of a regular dividend.