Peel Hunt Limited Kept Serica Energy (LON:SQZ) As a Buy; They Now Have a Target Of GBX 129.00

July 13, 2018 - By Joseph Norton

Serica Energy plc (LON:SQZ) Logo

Serica Energy (LON:SQZ) Rating Reaffirmed

Peel Hunt Limited now has a GBX 129.00 PT on the 163.67M GBP market cap company or 108.06 % upside potential. In a note revealed to investors and clients on 13 July, Serica Energy (LON:SQZ) shares have had their Buy Rating restate by professional analysts at Peel Hunt Limited.

It closed at GBX 62 lastly. It is down 0.00% since July 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Serica Energy plc identifies, acquires, explores, and exploits gas and oil reserves in the United Kingdom, Ireland, Namibia, and Morocco. The company has market cap of 163.67 million GBP. The firm holds interests in offshore license blocks in the North Sea and East Irish Sea, the United Kingdom; the Atlantic Margin of Ireland; Morocco; and Namibia. It has a 10.33 P/E ratio. It also holds an economic interest in an oilfield in Norway.

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