Key Points
- Insider purchase: Director Chris Cox bought 64,007 shares on December 16 at GBX 170 each, a transaction worth £108,811.90.
- Stock snapshot: SQZ opened at GBX 171 with a market cap of £667.8m, a negative PE (-21.38), and a 12‑month range of GBX 112–223 (50‑day SMA GBX 192, 200‑day SMA GBX 177).
- Analyst consensus: Seven analysts rate Serica Energy a "Buy" with an average target of GBX 222.86 and recent price targets clustered between ~GBX 207 and GBX 240.
Serica Energy plc (LON:SQZ - Get Free Report) insider Chris Cox purchased 64,007 shares of Serica Energy stock in a transaction that occurred on Tuesday, December 16th. The shares were purchased at an average cost of GBX 170 per share, with a total value of £108,811.90.
Serica Energy Stock Performance
SQZ stock opened at GBX 171 on Wednesday. The stock has a market capitalization of £667.80 million, a PE ratio of -21.38, a price-to-earnings-growth ratio of 2.15 and a beta of 0.44. Serica Energy plc has a 12-month low of GBX 112 and a 12-month high of GBX 223. The company has a current ratio of 1.69, a quick ratio of 1.22 and a debt-to-equity ratio of 26.31. The stock's 50 day simple moving average is GBX 192.03 and its 200 day simple moving average is GBX 177.48.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on SQZ shares. Panmure Gordon dropped their price target on shares of Serica Energy from GBX 270 to GBX 238 and set a "buy" rating on the stock in a report on Tuesday, December 2nd. Canaccord Genuity Group boosted their price objective on Serica Energy from GBX 215 to GBX 240 and gave the company a "buy" rating in a research note on Friday, October 3rd. Peel Hunt restated a "buy" rating and set a GBX 207 target price on shares of Serica Energy in a research note on Tuesday, November 4th. Jefferies Financial Group increased their price objective on shares of Serica Energy from GBX 190 to GBX 230 and gave the stock a "buy" rating in a research note on Monday, October 20th. Finally, Shore Capital restated a "buy" rating and set a GBX 230 target price on shares of Serica Energy in a research note on Friday, November 28th. Seven analysts have rated the stock with a Buy rating, According to MarketBeat, Serica Energy presently has a consensus rating of "Buy" and an average price target of GBX 222.86.
View Our Latest Report on SQZ
About Serica Energy
(
Get Free Report)
Serica Energy plc, an upstream oil and gas company, identifies, acquires, explores, exploits, and produces oil and gas reserves in the United Kingdom. The company holds 100% interest in the Keith oil field; 98% interest in the Bruce field; and 50% interest in the Rhum gas field located in the Northern North Sea, as well as 18% non-operating interest in the Erskine field located in Central North Sea.
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