Genel Energy PLC 50.2% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings

Genel Energy PLC using EPIC/TICKER code (LON:GENL) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Genel Energy PLC are listed in the Financials sector within UK Main Market. JP Morgan Cazenove have set a target price of 285 GBX on its stock. This now indicates the analyst believes there is a possible upside of 50.2% from the opening price of 189.8 GBX. Over the last 30 and 90 trading days the company share price has increased 20.8 points and increased 12.4 points respectively. The 52 week high for the stock is 302 GBX while the year low share price is currently 151.2 GBX.

Genel Energy PLC has a 50 day moving average of 190.14 GBX and a 200 day moving average of 197.92. There are currently 278,731,234 shares in issue with the average daily volume traded being 911,575. Market capitalisation for LON:GENL is £543,886,088 GBP.

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