Gulf Keystone Petroleum (LON:GKP - Free Report) had its target price upped by Canaccord Genuity Group from GBX 185 ($2.28) to GBX 200 ($2.46) in a research report report published on Thursday morning, MarketBeat Ratings reports. The firm currently has a speculative buy rating on the oil production company's stock.
Separately, Canaccord Genuity Group restated a "speculative buy" rating and set a GBX 190 ($2.34) price objective on shares of Gulf Keystone Petroleum in a report on Tuesday, October 8th.
Read Our Latest Report on Gulf Keystone Petroleum
Gulf Keystone Petroleum Trading Down 5.0 %
GKP traded down GBX 8.10 ($0.10) during midday trading on Thursday, hitting GBX 154.20 ($1.90). The company's stock had a trading volume of 1,054,902 shares, compared to its average volume of 1,086,820. Gulf Keystone Petroleum has a 52-week low of GBX 88.75 ($1.09) and a 52-week high of GBX 172.10 ($2.12). The company has a current ratio of 0.97, a quick ratio of 2.18 and a debt-to-equity ratio of 0.03. The firm has a 50-day moving average price of GBX 147 and a two-hundred day moving average price of GBX 134.21. The firm has a market cap of £334.34 million, a P/E ratio of -5,140.00, a PEG ratio of 0.06 and a beta of 1.22.
About Gulf Keystone Petroleum
(
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Gulf Keystone Petroleum Limited engages in oil and gas exploration, development, and production in the Kurdistan Region of Iraq. The company operates Shaikan field that covers an area of approximately 280 square kilometers, which is located north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services.
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