Galp Energia SGPS SA (ELI: GALP)‘s stock had its “sell” rating reaffirmed by research analysts at AlphaValue in a report released on Thursday, AnalystRatingsNetwork.com reports. They currently have a €9.72 ($12.46) price objective on the stock.
Galp Energia SGPS SA (ELI: GALP) traded down 1.46% on Thursday, hitting €11.50. Galp Energia SGPS SA has a 1-year low of €9.991 and a 1-year high of €13.285. The stock’s 50-day moving average is currently €0..
GALP has been the subject of a number of other recent research reports. Analysts at NMAS 1 Agencia de Valores reiterated a “buy” rating on shares of Galp Energia SGPS SA in a research note to investors on Monday. They now have a €14.05 ($18.01) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Galp Energia SGPS SA in a research note to investors on Thursday, July 4th. They now have a €19.00 ($24.36) price target on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Galp Energia SGPS SA in a research note to investors on Tuesday, June 25th. They now have a €17.00 ($21.79) price target on the stock.
One analyst has rated the stock with a sell rating and eleven have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of €14.89 ($19.09).
Galp Energia SGPS SA (ELI: GALP) is a Portugal-based holding company engaged in the oil and gas industry.
This article (Galp Energia SGPS SA Receives “Sell” Rating from AlphaValue (GALP)) was originally developed by and is property of American Banking News.
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