Somaliland: New Analyst Ratings For Sterling Energy (LON:SEY)

New Analyst Ratings For Sterling Energy (LON:SEY)
New Analyst Ratings For Sterling Energy (LON:SEY)

A number of investment brokers have recently updated their price targets on shares of Sterling Energy (LON:SEY).

According to the latest broker reports outstanding on Thursday 6th of October, 1 analyst has a rating of “strong buy”, 0 analysts “buy”, 1 analysts “neutral”, 0 analysts “sell” and 0 analysts “strong sell”.

Most recent broker ratings

08/08/2016 – Sterling Energy had its “Buy” rating reiterated by analysts at Peel Hunt Limited. They have a GBP 20.00p price target on the stock.

30/11/2015 – Sterling Energy had its “Buy” rating reiterated by analysts at Peel Hunt Limited. They have a GBP 21.00p price target on the stock.

The share price of Sterling Energy (LON:SEY) was up +1.43% during the last trading session, with a day high of 18.25. 40686 shares were traded during the session.

The stock’s 50 day moving average is 15.99 and its 200 day moving average is 15.81. The stock’s market capitalization is 39.08M. Sterling Energy has a 52-week low of 12.25 and a 52-week high of 18.25.

Sterling Energy plc is an upstream oil and gas company, which is focused primarily on material exploration opportunities in Africa. The Company is engaged in the exploration, development and production of commercial oil and gas. The Company operates in the Africa segment. The Africa segment includes its exploration and development activities. It has exploration projects in Mauritania, Madagascar, Somaliland and Cameroon, together with a production interest in Mauritania. Its Ambilobe block covers an area of approximately 17,650 square kilometers and is located in the Ambilobe basin, offshore north-west Madagascar. Water depths across the Ambilobe block range from shoreline to over 3,000 meters. Its Odewayne Exploration block comprises an area of over 22,840 square kilometers. Its Ntem Concession lies adjacent to the southern maritime border of Cameroon, and covers an area of approximately 2,320 square kilometers. Water depths range from 400 to 2,000 meters across the Ntem block.

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