Genel Energy (GEGYY) Raised to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Genel Energy (NASDAQ:GEGYY) from a hold rating to a buy rating in a research report released on Tuesday morning. They currently have $1.25 target price on the stock.

According to Zacks, “Genel Energy PLC is an oil and gas exploration and production company. It reserves and resources located primarily in the Kurdistan Region of Iraq. Genel Energy PLC is headquartered in London. “

Genel Energy (NASDAQ:GEGYY) opened at 1.25 on Tuesday. The firm’s market capitalization is $347.99 million. Genel Energy has a 12 month low of $0.92 and a 12 month high of $1.25. The company’s 50 day moving average price is $1.23 and its 200 day moving average price is $1.39.

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