Jefferies Group Research Analysts Increase Earnings Estimates for Enquest PLC (ENQUF)
Enquest PLC (OTCMKTS:ENQUF) – Equities research analysts at Jefferies Group boosted their FY2017 EPS estimates for shares of Enquest in a research note issued to investors on Wednesday. Jefferies Group analyst N. Kouzmanov now forecasts that the company will earn ($0.03) per share for the year, up from their prior estimate of ($0.05). Jefferies Group currently has a “Hold” rating on the stock. Jefferies Group also issued estimates for Enquest’s FY2018 earnings at $0.16 EPS and FY2021 earnings at $0.21 EPS.
Separately, Zacks Investment Research raised Enquest from a “hold” rating to a “buy” rating and set a $0.50 target price on the stock in a research note on Monday.
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Enquest Company Profile
EnQuest PLC, together with its subsidiaries, explores for, extracts, and produces hydrocarbons in the United Kingdom Continental Shelf and Malaysia. It primarily holds interests in the Heather/Broom, Thistle/Deveron, the Dons area, the Greater Kittiwake Area, Alma/Galia, and Scolty/Crathes; and in the Kraken development, and a non-operated interest in the producing Alba oil field, as well as the PM8/Seligi production sharing contract and the Tanjong Baram risk services contract in Malaysia.
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