Peel Hunt began coverage on shares of Energean Oil & Gas (LON:ENOG) in a report released on Thursday morning. The brokerage issued a buy rating and a GBX 850 ($11.11) price objective on the stock.

Separately, Morgan Stanley boosted their price objective on Energean Oil & Gas from GBX 700 ($9.15) to GBX 850 ($11.11) and gave the stock an overweight rating in a research note on Tuesday, January 15th.

Shares of LON:ENOG opened at GBX 810 ($10.58) on Thursday. Energean Oil & Gas has a 52 week low of GBX 410 ($5.36) and a 52 week high of GBX 822.90 ($10.75). The company has a quick ratio of 1.92, a current ratio of 2.22 and a debt-to-equity ratio of 11.74. The firm has a market capitalization of $1.24 billion and a PE ratio of 6.43.

About Energean Oil & Gas

Energean Oil & Gas plc operates as an independent oil and gas exploration and production company. The company focuses on the exploration, development, and production of oil and gas. It operates through five segments: Greece, Israel, Egypt, Montenegro, and New Ventures. The company holds 13 licenses in the Eastern Mediterranean.

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