Genel Energy PLC (LON:GENL) Sell Rating Reiterated at Deutsche Bank

Genel Energy PLC (LON:GENL) Rating

In an analyst note published on Thursday morning, Deutsche Bank reiterated their Sell rating on shares of Genel Energy PLC (LON:GENL).

Out of 14 analysts covering Genel Energy (LON:GENL), 8 rate it a “Buy”, 2 “Sell”, while 4 “Hold”. This means 57% are positive. GBX 610 is the highest target while GBX 62 is the lowest. The GBX 166.52 average target is 71.30% above today’s (GBX 97.21) stock price. Genel Energy has been the topic of 68 analyst reports since October 8, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained the stock on September 29 with “Sell” rating. Deutsche Bank maintained it with “Sell” rating and GBX 91 target price in a September 15 report. Macquarie Research maintained the shares of GENL in a report on August 5 with “Neutral” rating. Jefferies maintained the firm’s rating on July 29. Jefferies has “Underperform” rating and GBX 78 price target. Lastly, Barclays Capital upgraded the stock to “Equal Weight” rating in a July 29 report.

About 806,374 shares traded hands. Genel Energy PLC (LON:GENL) has risen 26.35% since February 29, 2016 and is uptrending. It has outperformed by 15.10% the S&P500.

Genel Energy Plc is a holding company. The company has a market cap of 270.67 million GBP. The Firm is engaged in the business of gas and oil exploration and production in the Kurdistan Region of Iraq . It currently has negative earnings. The Company’s divisions include Kurdistan and Africa.

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