Rockhopper Exploration Plc (RKH) Earns “Neutral” Rating from Macquarie
Rockhopper Exploration Plc (LON:RKH)‘s stock had its “neutral” rating restated by Macquarie in a report released on Friday. They currently have a GBX 30 ($0.40) target price on the stock. Macquarie’s price target indicates a potential upside of 0.84% from the stock’s current price.
RKH has been the subject of a number of other research reports. Liberum Capital reissued a “buy” rating and issued a GBX 123 ($1.64) price target on shares of Rockhopper Exploration Plc in a report on Wednesday, August 17th. Canaccord Genuity reissued a “speculative buy” rating and issued a GBX 75 ($1.00) price target on shares of Rockhopper Exploration Plc in a report on Tuesday, May 17th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 74.67 ($0.99).
Rockhopper Exploration Plc (LON:RKH) opened at 29.5425 on Friday. The stock has a 50 day moving average of GBX 30.59 and a 200-day moving average of GBX 32.28. The firm’s market capitalization is GBX 86.75 million. Rockhopper Exploration Plc has a 1-year low of GBX 24.00 and a 1-year high of GBX 50.00.
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Rockhopper Exploration Plc Company Profile
Rockhopper Exploration plc is an oil and gas exploration and production company. The Company is engaged in the exploration and exploitation of its oil and gas acreage. The Company operates through three segments, which include the oil and gas exploration activities in the geographical regions of the Falkland Islands, and the Greater Mediterranean region, as well as its corporate activities centered in the United Kingdom.
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