Rockhopper Exploration (RKH) PT Raised to GBX 45 at Peel Hunt

Rockhopper Exploration (LON:RKH) had its target price increased by investment analysts at Peel Hunt from GBX 40 ($0.54) to GBX 45 ($0.61) in a report released on Monday, January 8th. The firm currently has a “buy” rating on the stock. Peel Hunt’s price target would indicate a potential upside of 69.81% from the company’s current price.

Shares of Rockhopper Exploration (LON:RKH) opened at GBX 26.50 ($0.36) on Monday. The company has a market capitalization of $120.83 and a price-to-earnings ratio of -1,325.00. Rockhopper Exploration has a 12-month low of GBX 17.75 ($0.24) and a 12-month high of GBX 29 ($0.39).

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Rockhopper Exploration Company Profile

Rockhopper Exploration plc is an oil and gas exploration and production company. The Company is engaged in the exploration and exploitation of its oil and gas acreage. The Company operates through three segments, which include the oil and gas exploration activities in the geographical regions of the Falkland Islands, and the Greater Mediterranean region, as well as its corporate activities centered in the United Kingdom.

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