In a report released today, Phil Hallam from Canaccord Genuity reiterated a Buy rating on Serica Energy, with a price target of p240.00. The company’s shares opened today at p199.00.
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According to TipRanks, Hallam is an analyst with an average return of -0.5% and a 37.93% success rate. Hallam covers the Energy sector, focusing on stocks such as Serica Energy, SEPLAT Petroleum Development, and Touchstone Exploration.
Serica Energy has an analyst consensus of Strong Buy, with a price target consensus of p208.83, representing a 4.94% upside. In a report released on October 1, Stifel Nicolaus also maintained a Buy rating on the stock with a £2.41 price target.
The company has a one-year high of p206.00 and a one-year low of p112.00. Currently, Serica Energy has an average volume of 1.7M.
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