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Gulf Keystone Petroleum Limited 108.6% Potential Upside Indicated by Canaccord Genuity

Gulf Keystone Petroleum Limited with EPIC/TICKER (LON:GKP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SPECULATIVE BUY’ today by analysts at Canaccord Genuity. Gulf Keystone Petroleum Limited are listed in the Oil & Gas sector within International Main Market. Canaccord Genuity have set a target price of 200 GBX on its stock. This now indicates the analyst believes there is a possible upside of 108.6% from the opening price of 95.9 GBX. Over the last 30 and 90 trading days the company share price has decreased 19.1 points and increased 4.9 points respectively. The 1 year high share price is 158.37 GBX while the 52 week low for the stock is 86.25 GBX.

Gulf Keystone Petroleum Limited has a 50 day moving average of 110.45 GBX and a 200 day moving average of 114.92. There are currently 230,232,255 shares in issue with the average daily volume traded being 558,867. Market capitalisation for LON:GKP is £217,012,888 GBP.

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