Enquest Plc (ENQ) receives the average rating of "Hold" from Brokerages

Enquest Plc (LON: ENQ) obtained a "hold" consensus recommendation from the six rating agencies that currently cover the stock, reports Marketbeat Ratings A research analyst ranked the stock with a recommendation of sales, four issued a retainer recommendation and one recommended a purchase recommendation to the company. A number of research firms have commented on ENQ: Barclays has upgraded Enquest to "Overweight" and raised its price target for GBX 24 (0.32 USD) to GBX 58 (0.77 USD) ). Jefferies Financial Group increased its Enquest price target from GBX 27 ($ 0.36) to GBX 35 ($ 0.47) and awarded the company a "hold" rating in a research note on Tuesday, June 12 . a note "hold" and issued a target price of GBX 30 ($ 0.40) on the shares of Enquest in a research note on Monday, March 26. Finally, JPMorgan Chase & Co. reiterated its "neutral" rating and issued a target price of GBX 41 ($ 0.55) on the shares of Enquest in a research note on Wednesday, March 21st.

ENQ shares fell 1.45 GBX ($ 0.02) on Monday, reaching 33.40 GBX ($ 0.44). 8,793,857 shares of the company were traded for an average volume of 8,310,000. Enquest has a 12-month low of GBX 22.50 ($ 0.30) and a 12-month high of GBX 47.25 ( $ 0.63).

Enquest Company Profile

EnQuest PLC, an oil and gas development and production company, explores with its subsidiaries, extracts and produces hydrocarbons on the continental shelf of the Kingdom United Kingdom and Malaysia. The company operates through the segments of the North Sea and Malaysia. It holds interests in Thistle / Deveron, Heath / Broom, Donation, Magnus, Great Black-legged Kittiwake, Scolty / Crathes and Alma / Galia; and in Kraken development, and untapped interest in the Alba producing oilfield, as well as the PM8 / Seligi production sharing contract and the Tanjong Baram risk service contract in Malaysia.

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