Analyst Price Target is GBX 36
▲ +28.80% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for EnQuest in the last 3 months. The average price target is GBX 36, with a high forecast of GBX 45 and a low forecast of GBX 21. The average price target represents a 28.80% upside from the last price of GBX 27.95.
Current Consensus is
The current consensus among 3 investment analysts is to hold stock in EnQuest. This rating has held steady since December 2021, when it changed from a Sell consensus rating.
EnQuest PLC operates as an oil and gas production and development company. The company explores for, extracts, and produces hydrocarbons in the United Kingdom, North Sea, and Malaysia. It primarily holds interests in the Magnus, Kraken, Scolty/Crathes, Greater Kittiwake Area, Alba, Dons area, and Alma/Galia. The company also has interests in the PM8/Seligi and PM409 production sharing contracts in Malaysia. In addition, it has five production hubs. As of December 31, 2021, the company had proved and probable reserves of 194 million barrels of oil equivalents. Further, it is involved in the construction, ownership, and operation of an oil pipeline; and marketing and trading of crude oil, as well as in leasing activities. EnQuest PLC was incorporated in 2010 and is based in London, the United Kingdom.