Genel Energy PLC 60% Potential Upside Indicated by Canaccord Genuity

Broker Ratings

Genel Energy PLC using EPIC/TICKER code (LON:GENL) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ today by analysts at Canaccord Genuity. Genel Energy PLC are listed in the Financials sector within UK Main Market. Canaccord Genuity have set a target price of 310 GBX on its stock. This is indicating the analyst believes there is a potential upside of 60.0% from the opening price of 193.8 GBX. Over the last 30 and 90 trading days the company share price has increased 21.2 points and decreased 14.7 points respectively. The 52 week high share price is 302 GBX while the 52 week low for the stock is 151.2 GBX.

Genel Energy PLC has a 50 day moving average of 195.02 GBX and a 200 day moving average of 205.14. There are currently 278,731,234 shares in issue with the average daily volume traded being 902,275. Market capitalisation for LON:GENL is £535,176,934 GBP.

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