Genel Energy PLC 52.2% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Genel Energy PLC with EPIC/TICKER (LON:GENL) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning 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 271 GBX on its stock. This indicates the analyst now believes there is a potential upside of 52.2% from today’s opening price of 178 GBX. Over the last 30 and 90 trading days the company share price has decreased 8.2 points and decreased 4 points respectively. The 52 week high for the stock is 233.79 GBX while the 52 week low for the share price is 165.66 GBX.

Genel Energy PLC has a 50 day moving average of 197.49 GBX and a 200 Day Moving Average share price is recorded at 195.30. There are currently 277,670,478 shares in issue with the average daily volume traded being 565,258. Market capitalisation for LON:GENL is £501,019,661 GBP.

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