Peel Hunt Reconfirms The “Buy” Rating They’ve had for Rockhopper Exploration PLC (LON:RKH) Shares

June 19, 2018 - By Ash

Rockhopper Exploration plc (LON:RKH) Logo

Rockhopper Exploration PLC (LON:RKH) Rating Reaffirmed

Rockhopper Exploration PLC (LON:RKH) stock “Buy” rating has been reiterated by Analysts at Peel Hunt in a note issued to clients on 19 June.

Rockhopper Exploration plc (LON:RKH) Ratings Coverage

Among 2 analysts covering Rockhopper Exploration PLC (LON:RKH), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Rockhopper Exploration PLC has GBX 75 highest and GBX 45 lowest target. GBX 67.50’s average target is 89.87% above currents GBX 35.55 stock price. Rockhopper Exploration PLC had 8 analyst reports since January 8, 2018 according to SRatingsIntel. As per Tuesday, June 19, the company rating was maintained by Peel Hunt. The firm has “Buy” rating by Peel Hunt given on Wednesday, January 10. The firm earned “Buy” rating on Thursday, April 19 by Peel Hunt. The firm earned “Buy” rating on Monday, February 26 by Peel Hunt. On Wednesday, April 25 the stock rating was maintained by Canaccord Genuity with “Buy”. On Monday, January 8 the stock rating was maintained by Peel Hunt with “Buy”. The rating was maintained by Peel Hunt with “Buy” on Monday, May 21. Peel Hunt maintained the stock with “Buy” rating in Monday, April 30 report.

The stock decreased 0.14% or GBX 0.05 during the last trading session, reaching GBX 35.55. About 247,688 shares traded. Rockhopper Exploration plc (LON:RKH) has 0.00% since June 19, 2017 and is . It has underperformed by 12.57% the S&P500.

Rockhopper Exploration Plc operates as an gas and oil exploration and production firm primarily in the United Kingdom. The company has market cap of 162.60 million GBP. It engages in the exploration and exploitation of its gas and oil acreage primarily in the North Falkland Basin and the Greater Mediterranean region. It currently has negative earnings. The firm holds 95.50% interests in the PL003a production licenses; 60.50% interests in PL003b production licenses; 64.00% interests in PL004a, PL004b, and PL004c production licenses; 100% interests in PL005 production licenses; and 40% interests in PL032 and PL033 production licenses.

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