Berenberg Bank Reiterates Hold Rating for Energean (LON:ENOG)

Berenberg Bank reissued their hold rating on shares of Energean (LON:ENOG) in a report released on Thursday, Marketbeat.com reports. They currently have a GBX 940 ($12.19) price target on the stock.

Energean Stock Up 0.1 %

Shares of LON:ENOG opened at GBX 841.50 ($10.91) on Thursday. Energean has a fifty-two week low of GBX 806.89 ($10.46) and a fifty-two week high of GBX 1,233 ($15.99). The company has a quick ratio of 1.42, a current ratio of 1.31 and a debt-to-equity ratio of 498.55. The firm’s 50-day simple moving average is GBX 979.39 and its 200-day simple moving average is GBX 971.96. The company has a market cap of £1.95 billion, a price-to-earnings ratio of 15.28 and a beta of 0.85.

Energean Company Profile

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.