Serica Energy Plc (LON:SQZ) had its price objective boosted by Peel Hunt from GBX 19 ($0.24) to GBX 20 ($0.25) in a research note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock. Peel Hunt’s price target would indicate a potential upside of 48.15% from the stock’s current price.

Shares of Serica Energy Plc (LON:SQZ) opened at 14.1147 on Thursday. Serica Energy Plc has a 12 month low of GBX 7.02 and a 12 month high of GBX 16.75. The firm’s market cap is GBX 37.22 million. The company’s 50-day moving average price is GBX 14.35 and its 200-day moving average price is GBX 13.20.

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About Serica Energy Plc

Serica Energy plc is a United Kingdom-based oil and gas company. The Company has exploration and development activities based in the United Kingdom, Ireland, Namibia and Morocco, and an economic interest in an oilfield offshore Norway. The Company’s segments include UK, Ireland and Africa. It holds licenses in the Central North Sea and the East Irish Sea, which includes the Columbus Field.

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