Gulf Keystone Petroleum (GKP) Receives a Buy from Canaccord Genuity

Business Insider

2 days ago

Canaccord Genuity analyst Charlie Sharp maintained a Buy rating on Gulf Keystone Petroleum today and set a price target of £2.05. The company's shares closed today at p165.80.
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Sharp covers the Energy sector, focusing on stocks such as Arrow Exploration Corp, Vaalco Energy, and Nostrum Oil & Gas. According to TipRanks, Sharp has an average return of 24.5% and a 53.21% success rate on recommended stocks.
Currently, the analyst consensus on Gulf Keystone Petroleum is a Moderate Buy with an average price target of p189.50.
The company has a one-year high of p209.80 and a one-year low of p110.44. Currently, Gulf Keystone Petroleum has an average volume of 647K.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GKP in relation to earlier this year.