Peel Hunt Begins Coverage on Energean Oil & Gas (LON:ENOG)

Peel Hunt initiated coverage on shares of Energean Oil & Gas (LON:ENOG) in a research report report published on Monday, Digital Look reports. The firm issued a buy rating and a GBX 1,200 ($15.68) price target on the stock.

ENOG has been the topic of several other reports. Royal Bank of Canada reiterated an outperform rating on shares of Energean Oil & Gas in a report on Thursday, September 12th. Peel Hunt reiterated a buy rating and set a GBX 900 ($11.76) target price on shares of Energean Oil & Gas in a report on Tuesday, June 25th.

Shares of Energean Oil & Gas stock opened at GBX 955 ($12.48) on Monday. The company has a debt-to-equity ratio of 13.26, a current ratio of 0.68 and a quick ratio of 0.64. Energean Oil & Gas has a 1 year low of GBX 531 ($6.94) and a 1 year high of GBX 1,092 ($14.27). The firm’s 50-day moving average is GBX 1,013.20 and its two-hundred day moving average is GBX 873.64. The stock has a market cap of $1.69 billion and a price-to-earnings ratio of 12.09.

In other news, insider Efstathios Topouzoglou sold 1,262,753 shares of the firm’s stock in a transaction dated Thursday, July 11th. The shares were sold at an average price of GBX 950 ($12.41), for a total value of £11,996,153.50 ($15,675,099.31).

About Energean Oil & Gas

Energean Oil & Gas plc operates as an independent oil and gas exploration and production company. The company focuses on the exploration, development, and production of oil and gas. It operates through five segments: Greece, Israel, Egypt, Montenegro, and New Ventures. The company holds 13 licenses in the Eastern Mediterranean.

Featured Story: How to invest in blue-chip stocks

Receive News & Ratings for Energean Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energean Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.