Serica Energy Plc 18.7% Potential Upside Indicated by Cantor Fitzgerald

Broker Ratings
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Serica Energy Plc using EPIC/TICKER code (LON:SQZ) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Cantor Fitzgerald. Serica Energy Plc are listed in the Oil & Gas sector within AIM. Cantor Fitzgerald have set their target price at 160 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 18.7% from today’s opening price of 134.75 GBX. Over the last 30 and 90 trading days the company share price has decreased 1.25 points and increased 5.75 points respectively. The 1 year high for the share price is 144 GBX while the 52 week low for the stock is 53.2 GBX.

Serica Energy Plc has a 50 day moving average of 131.29 GBX and a 200 Day Moving Average share price is recorded at 99.58. There are currently 264,757,819 shares in issue with the average daily volume traded being 411,984. Market capitalisation for LON:SQZ is £355,570,001 GBP.

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