Serica Energy plc (LON:SQZ – Get Free Report) shares were down 11.3% on Wednesday . The company traded as low as GBX 121.98 ($1.54) and last traded at GBX 127.80 ($1.61). Approximately 10,925,269 shares changed hands during trading, an increase of 537% from the average daily volume of 1,715,381 shares. The stock had previously closed at GBX 144 ($1.82).
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on SQZ shares. Canaccord Genuity Group reissued a “buy” rating and set a GBX 200 ($2.52) target price on shares of Serica Energy in a report on Thursday, January 23rd. Berenberg Bank reissued a “buy” rating and set a GBX 200 ($2.52) target price on shares of Serica Energy in a report on Tuesday.
Get Our Latest Stock Analysis on SQZ
Serica Energy Stock Up 2.2 %
Serica Energy Company Profile
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.
Featured Articles
- Five stocks we like better than Serica Energy
- What is the S&P 500 and How It is Distinct from Other Indexes
- Moderna: A Generational Opportunity for Investors in 2025
- When to Sell a Stock for Profit or Loss
- Buffett Just Dumped His S&P 500 Holdings—What It Means for You
- Profitably Trade Stocks at 52-Week Highs
- General Motors: Can It Survive Tariffs and Loss of EV Mandates?
Receive News & Ratings for Serica Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Serica Energy and related companies with MarketBeat.com's FREE daily email newsletter.