Genel Energy PLC’s (GENL) “Sell” Rating Reiterated at Deutsche Bank AG

Deutsche Bank AG restated their sell rating on shares of Genel Energy PLC (LON:GENL) in a report issued on Monday. Deutsche Bank AG currently has a GBX 67 ($0.84) price target on the stock. A number of other research analysts also recently weighed in on the company. Canaccord Genuity raised their price target on Genel Energy PLC from GBX 75 ($0.94) to GBX 80 ($1.01) and gave the company a hold rating in a research note on Wednesday, March 1st. JPMorgan Chase & Co. restated an overweight rating on shares of Genel Energy PLC in a research note on Tuesday, February 14th. Numis Securities Ltd reiterated a buy rating and set a GBX 150 ($1.89) target price on shares of Genel Energy PLC in a research note on Monday, February 13th. Macquarie downgraded Genel Energy PLC to an underperform rating and reduced their target price for the stock from GBX 124 ($1.56) to GBX 41 ($0.52) in a research note on Friday, February 3rd. Finally, Barclays PLC reduced their target price on Genel Energy PLC from GBX 100 ($1.26) to GBX 90 ($1.13) and set an equal weight rating for the company in a research note on Wednesday, January 25th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 104.12 ($1.31). Genel Energy PLC (LON:GENL) traded down 1.27% during midday trading on Monday, hitting GBX 77.50. 1,158,302 shares of the company’s stock traded hands. Genel Energy PLC has a 52 week low of GBX 54.50 and a 52 week high of GBX 178.10. The company’s market capitalization is GBX 215.76 million. The company has a 50 day moving average of GBX 75.62 and a 200-day moving average of GBX 78.77. ILLEGAL ACTIVITY WARNING: This story was published by Transcript Daily and is the property of of Transcript Daily. If you are accessing this story on another site, it was copied illegally and republished in violation of international trademark and copyright law. The original version of this story can be viewed at https://transcriptdaily.com/2017/04/23/genel-energy-plcs-genl-sell-rating-reiterated-at-deutsche-bank-ag.html. Genel Energy PLC Company Profile Genel Energy Plc is a holding company. The Company is engaged in the business of oil and gas exploration and production in the Kurdistan Region of Iraq (KRI). The Company’s segments include Kurdistan and Africa. The Company has interests in approximately two producing fields in the Kurdistan Region of Iraq, Taq Taq and Tawke, with access to local and international markets. Receive News & Ratings for Genel Energy PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genel Energy PLC and related companies with MarketBeat.com's FREE daily email newsletter.