Rockhopper Exploration (LON:RKH) “Buy” Rating Kept Today By Peel Hunt Limited; The Price Target is Set to GBX 70.00

July 13, 2018 - By Theresa Judd

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Rockhopper Exploration (LON:RKH) Rating Reaffirmed

London: In an analyst note released on 13 July, Peel Hunt Limited maintained their “Buy” rating on Rockhopper Exploration (LON:RKH) shares. They now have a GBX 70.00 TP on the company. Peel Hunt Limited’s target would indicate a potential upside of 64.13 % from the company’s current price.

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 72.50’s average target is 69.99% above currents GBX 42.65 stock price. Rockhopper Exploration PLC had 9 analyst reports since February 26, 2018 according to SRatingsIntel. Peel Hunt maintained it with “Buy” rating and GBX 60 target in Monday, July 9 report. The firm has “Buy” rating given on Tuesday, June 19 by Peel Hunt. Peel Hunt maintained the shares of RKH in report on Monday, February 26 with “Buy” rating. Peel Hunt maintained the shares of RKH in report on Monday, May 21 with “Buy” rating. The company was maintained on Monday, April 30 by Peel Hunt. The stock has “Buy” rating by Canaccord Genuity on Wednesday, April 25. Peel Hunt maintained the shares of RKH in report on Thursday, April 19 with “Buy” rating. The stock of Rockhopper Exploration plc (LON:RKH) earned “Buy” rating by Peel Hunt on Friday, July 13. The rating was maintained by Peel Hunt on Thursday, July 5 with “Buy”.

The stock decreased 0.23% or GBX 0.1 during the last trading session, reaching GBX 42.65. About 1.45M shares traded. Rockhopper Exploration plc (LON:RKH) has 0.00% since July 14, 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 195.08 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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