Peel Hunt restated their buy rating on shares of SOCO International (LON:SIA) in a research note published on Monday. They currently have a GBX 145 ($1.97) price objective on the stock.

Other research analysts also recently issued research reports about the stock. Jefferies Group reiterated a buy rating and issued a GBX 150 ($2.03) target price on shares of SOCO International in a research note on Wednesday, October 4th. Macquarie reiterated an underperform rating and issued a GBX 99 ($1.34) target price on shares of SOCO International in a research note on Tuesday, September 12th. JPMorgan Chase & Co. reiterated an underweight rating and issued a GBX 141 ($1.91) target price on shares of SOCO International in a research note on Tuesday, October 31st. Finally, Barclays reiterated an underweight rating on shares of SOCO International in a research note on Thursday, September 14th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. SOCO International currently has a consensus rating of Hold and a consensus target price of GBX 136.43 ($1.85).

SOCO International (LON SIA) opened at GBX 122.80 ($1.67) on Monday. The stock has a market cap of $406.00 and a P/E ratio of -4,093.33. SOCO International has a 52 week low of GBX 97.75 ($1.33) and a 52 week high of GBX 161.25 ($2.19).

In other news, insider Jann M. Brown bought 8,070 shares of the company’s stock in a transaction dated Thursday, December 21st. The shares were purchased at an average price of GBX 107 ($1.45) per share, for a total transaction of £8,634.90 ($11,709.93). Also, insider Jann M. Brown bought 7,625 shares of the company’s stock in a transaction dated Monday, November 27th. The stock was purchased at an average price of GBX 113 ($1.53) per share, for a total transaction of £8,616.25 ($11,684.64).

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About SOCO International

SOCO International plc (SOCO) is an oil and gas exploration and production company. The Company’s segments include South East Asia and Africa. It has field development and production interests in Vietnam, and exploration and appraisal interests in the Republic of Congo (Brazzaville) and Angola. In Vietnam, SOCO’s Block 16-1 and Block 9-2 include the Te Giac Trang and Ca Ngu Vang Fields, which are located in shallow water in the Cuu Long Basin, near the Bach Ho Field.

Analyst Recommendations for SOCO International (LON:SIA)

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