Geopark (NYSE:GPRK) has been given a $12.00 price objective by equities researchers at Canaccord Genuity in a report issued on Tuesday. The brokerage presently has a “buy” rating on the oil and gas company’s stock. Canaccord Genuity’s price target points to a potential upside of 34.83% from the stock’s current price.
A number of other brokerages have also weighed in on GPRK. GMP Securities restated a “buy” rating and set a $14.00 price objective on shares of Geopark in a research note on Sunday, November 19th. Zacks Investment Research upgraded Geopark from a “hold” rating to a “buy” rating and set a $9.75 price objective for the company in a research note on Friday, October 27th. Scotiabank raised their price objective on Geopark from $10.00 to $10.50 and gave the company an “outperform” rating in a research note on Thursday, November 16th. ValuEngine lowered Geopark from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Finally, TheStreet lowered Geopark from a “c-” rating to a “d+” rating in a research report on Wednesday, November 29th. One investment analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $11.96.
Shares of Geopark (NYSE:GPRK) opened at $8.90 on Tuesday. Geopark has a 12 month low of $4.04 and a 12 month high of $9.98. The company has a quick ratio of 1.75, a current ratio of 1.80 and a debt-to-equity ratio of 3.20.
GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Peru, and Argentina. As of December 31, 2016, the company had working and/or economic interests in 26 hydrocarbons blocks, as well as shallow-offshore concession in Brazil that includes the Manati Field.
Receive News & Ratings for Geopark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geopark and related companies with MarketBeat.com's FREE daily email newsletter.