Analyst Price Target is GBX 196
▲ +14.35% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Genel Energy in the last 3 months. The average price target is GBX 196, with a high forecast of GBX 0 and a low forecast of GBX 0. The average price target represents a 14.35% upside from the last price of GBX 171.40.
Current Consensus is
The current consensus among 2 polled investment analysts is to buy stock in Genel Energy. This rating has held steady since December 2021, when it changed from a Hold consensus rating.
Genel Energy plc, through its subsidiaries, operates as an independent oil and gas exploration and production company. It operates through two segments, Production and Pre-production. The Production segment holds a 25% working interest in the Tawke PSC; 44% working interest in the Taq Taq PSC; and 30% working interest in the Sarta PSC located in the Kurdistan Region of Iraq (KRI). The Pre-Production segment holds a 40% working interest Qara Dagh PSC located in KRI; 50% working interest in Odewayne and 51% working interest in SL10B13 located in Somaliland; and 75% working interest in Lagzira in Morocco. As of December 31, 2021, the company had 63 millions of barrels (MMbbls) of proven net working interest reserves, and 104 MMbbls of proven plus probable net working interest reserves. Genel Energy plc is headquartered in London, the United Kingdom.