Geopark Ltd (GPRK)’s Stock Is Buy After Achieving 52-Week High

July 17, 2017 - By Winifred Garcia

The stock of Geopark Ltd (NYSE:GPRK) hit a new 52-week high and has $9.73 target or 7.00 % above today’s $9.09 share price. The 5 months bullish chart indicates low risk for the $543.66 million company. The 1-year high was reported on Jul, 17 by Barchart.com. If the $9.73 price target is reached, the company will be worth $38.06M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

About 66,557 shares traded. Geopark Ltd (NYSE:GPRK) has risen 222.35% since July 17, 2016 and is uptrending. It has outperformed by 205.65% the S&P500.

Geopark Ltd (NYSE:GPRK) Ratings Coverage

Among 6 analysts covering GeoPark Limited (NYSE) (NYSE:GPRK), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. GeoPark Limited (NYSE) had 9 analyst reports since September 4, 2015 according to SRatingsIntel. GMP Securities maintained the shares of GPRK in report on Wednesday, June 28 with “Buy” rating. The rating was upgraded by JP Morgan on Monday, March 13 to “Overweight”. The firm has “Outperform” rating given on Thursday, November 12 by FirstEnergy Capital. Eurobank EFG initiated it with “Buy” rating and $12 target in Friday, May 26 report. The stock of Geopark Ltd (NYSE:GPRK) has “Buy” rating given on Friday, May 26 by Echelon Wealth Partners. The rating was initiated by FirstEnergy Capital on Friday, September 4 with “Outperform”. As per Monday, June 12, the company rating was maintained by GMP Securities.

More notable recent Geopark Ltd (NYSE:GPRK) news were published by: Marketwatch.com which released: “9.0292” on February 10, 2014, also Reuters.com with their article: “Chile environmental watchdog probes GeoPark for illegal fracking” published on June 03, 2016, Seekingalpha.com published: “GeoPark: Durable Growth For A Song” on March 09, 2017. More interesting news about Geopark Ltd (NYSE:GPRK) were released by: Seekingalpha.com and their article: “GeoPark: New Drilling Successes Reaffirm Long Thesis” published on June 12, 2017 as well as Seekingalpha.com‘s news article titled: “GeoPark Limited’s (GPRK) CEO Jim Park on Q4 2016 Results – Earnings Call …” with publication date: March 08, 2017.

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