Trade Report: The Sterling Energy plc (SEY) Stock Rating Reaffirmed by Peel Hunt

The Sterling Energy plc (SEY) Stock Rating Reaffirmed by Peel Hunt

Sterling Energy plc (LON:SEY)‘s stock had its “buy” rating reiterated by equities researchers at Peel Hunt in a research note issued to investors on Tuesday. They currently have a GBX 20 ($0.26) price objective on the oil and gas exploration company’s stock. Peel Hunt’s target price indicates a potential upside of 11.11% from the stock’s current price.

Sterling Energy plc (LON:SEY) traded up 0.70% during mid-day trading on Tuesday, reaching GBX 18.00. 9,118 shares of the company’s stock were exchanged. The stock has a 50-day moving average of GBX 16.15 and a 200-day moving average of GBX 15.83. Sterling Energy plc has a 12 month low of GBX 12.25 and a 12 month high of GBX 18.50. The firm’s market cap is GBX 39.63 million.

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